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Edward P. Lazear

COURSES

HRMGT 302 Incentives and Productivity

This course studies the motivation of workers within the firm. A large amount of emphasis is placed on compensation and incentives. The course studies the choice of hiring rules, recruitment policies, layoff strategies, and different forms of pay. Non-pecuniary aspects of the job, such as status and pleasantness of work, are analyzed. The course also examines the interaction of labor relations with legal institutions and unions. This course studies promotion, recruiting and retention, pay methods, and internal labor markets with some attention paid to issues of health and safety and worker empowerment. It is somewhat quantitative and relies very heavily on analytic skills obtained in MGTECON 200 and in basic probability and statistics courses.

 

MGTECON 629 (A, B, C) Microeconomics Workshop

This workshop is a forum for presentation of current work and general discussion of research in microeconomic theory. Focus is on game-theoretic analyses but any methodology is welcomed, as are topics from related fields such as macroeconomics, experimental/behavioral economics, electronic commerce, computer science, law, political science, and psychology. Meetings are scheduled to match the supply of work-in-progress ready for presentation, averaging three times per month from October to May. An enrolled participant (in September, for 2 units) must present and submit a paper during the year; unenrolled participants are welcome.

 

MGTECON 652 Personnel Economics

This seminar will examine applications of labor economics to business issues and firms' practices. Material will include both theoretical and empirical work, and the syllabus will range from classics in Personnel Economics to current (unpublished) research. Some of the topics to be covered include, but are not limited to, compensation practices, assignment of decision rights, organizational structure, attracting, retaining, and displacing employees, and workplace practices (such as team-based organization, profit sharing, etc.)