Financial Economics I: Contracts and Intermediation

Instructor: 
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
Affiliation: 
Humboldt-Universität zu Berlin