Y1 - Microeconomics, Institutions and Welfare

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Summary

Week 5

Universiteit Utrecht · Economics and Business Economics

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6.1: Firms, markets and the Division of Labour
6.2: Other people’s money: The separation of ownership and control
6.3: Other people's labour
6.4: Employment rents
6.5: Determinants of the employment rent
6.6: Work and wages: The labour discipline model
6.7: Wages, effort, and Profits in the labour discipline model
6.8: Putting the Model to work: Owners, employees, and the Economy
6.9: Another kind of business organization
6.10: Principals and agents: Interactions under incomplete contracts
12.6: Missing markets: Insurance and lemons

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