ECONOMIA APPLICATA

Academic Year 2022/2023 - Teacher: Maria Daniela GIAMMANCO

Expected Learning Outcomes

At the end of the course, students will have acquired knowledge of the fundamental problems of the organization and the role played by innovation in the development and growth of the organization. This knowledge will allow them to interpret the innovative choices and the strategic decisions of the firms.

Course Structure

Lectures.

Attendance of Lessons

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Detailed Course Content

Fundamental problems of the organization (coordination and incentive of the members of the organization and promotion of common interests). Notion of efficiency, nature and classification of the transaction costs. Coordination through the pricing system and through the managerial action. Bargaining in the presence of limited rationality, information asymmetries, adverse selection and moral hazard. Role played by the innovation in the development and the growth of the organization.

Textbook Information

Paul Milgrom e John Roberts (2005). Economia, organizzazione e management. Il Mulino. Strumenti. Volume I Paul Milgrom e John Roberts (2005). Economia, organizzazione e management. Il Mulino. Strumenti.Volume II The textbook is also available in English: P.Milgrom and P.Roberts (1992) Economics, Organization and Management. Melissa A. Schilling, Francesco Izzo (2017) Gestione dell'innovazione 4ed. McGraw Hill The textbook is also available in English: Melissa A. Schilling (2017). Strategic management of technological innovation, fifth edition, Mc Graw Hill

Learning Assessment

Learning Assessment Procedures

Written exam with open-ended questions
VERSIONE IN ITALIANO