Financial Economics I: Contracts and Intermediation

Instructor: 
Time I: 
Friday,
02:00pm to 06:00pm
Venue I: 
HU Berlin, Spandauer Straße 1, Room 21b
Description: 

The course focuses on theoretical concepts, which are fundamental for corporate finance. Topics include: moral hazard, adverse selection, signaling, incomplete contracts and control rights, coordination failure – all with applications to theory of the firm, organizational design, and financial structure.


Literature:
Bolton and Dewatripont. Contract Theory. MIT Press, 2005,
Tirole. Theory of Corporate Finance. Princeton University Press, 2006, and selected articles

Credits: 
6.00
Semester: 
Fall 2011
Affiliation: 
Humboldt-Universität zu Berlin