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Applied Economics

Name of module: Applied Economics

Module number: 13

Exam number: 1646

Semester/Trimester: Semester

Duration of the module: Ein Semester

Form of the module (i.e. obligatory, elective course): Pflicht

Frequency of module offer: Each winter semester. Last time in the winter semester 2012/2013. See also "Further information".

Prerequisites: IBA-Bachelor-Students and Foreign Exchange Students ONLY! Good knowledge of Microeconomics and Macroeconomics.

Applicability of module for other modules and study programmes:

Person responsible for module: Prof. Dr. Daniel Becker

Name of the professor: Dr. Claudia Vogel, University of Bern, Switzerland

Language of teaching: Englisch

ECTS-Credits (based on the workload): 6

Workload and its composition (self-study, contact time):
Kontaktzeit (Vorlesung, Übung etc.) 45 Std.; Selbststudium: 135 Std.

Contact hours (per week in semester): 4

Methods and duration of examination:
It is possible to earn a course requirement. Provided that you successfully complete the final examination.

Emphasis of the grade for the final grade: IBA: 1/73

Aim of the module (expected learning outcomes and competencies to be acquired):
The aim of this course is to apply the theories studied in introductory Micro- and Macroeconomics courses to advanced problems. These problems come from managerial applications as well as different fields of economics. By the use these examples, selected theory aspects are to be discussed. This demonstrates that theoretical thoughts are mandatory to adequately deal with a concrete economic problem. Therefore the course deals with the practical relevance of theories studied beforehand.

Contents of the module:
1. Other-regarding Preferences
2. Cooperation in Teams
3. Payment and Workers’ Performance
4. Energy Economics & Natural Resources
5. Development Economics
6. The Economics of Soccer

Teaching and learning methods:
Writing a Team Seminar paper, Presentation in the seminar, Discussion of another group’s presentation

Literature (compulsory reading, recommended literature):
Branas-Garza, P. (2007) Promoting Helping Behavior with Framing in Dictator Games, Journal of Economic Psychology, 28, 477-486
Kamas, L., Preston, A. (2012) Distributive and Reciprocal Fairness: What can we learn from the heterogeneity of social preferences? Journal of Economic Psychology, 33, 538-553
Dohmen, T., Falk, A., Huffman, D., Sunde, U., Schupp, J., Wagner, G. (2011) Individual Risk Attitudes: Measurement, Determinanrs, and Behavioral Consequences, Journal of European Economic Association, 9, 522-550
Ermisch, J., Gambetta, D., Laurie, H., Siedler, T. Uhrig, S.C.N. (2009) Measuring People's Trust, Journal of the Royal Statistical Society, 172, 749-769
Fischbacher, U., Gächter, S., Fehr, E. (2001) Are people conditionally cooperative? Evidence from a Public Goods Experiment, Economics Letters, 71, 397-404
Fehr, E., Gächter, S. (2000): Cooperation and Punishment ind Public Goods Experiments
Gächter, S., Herrmann, B., Thöni, C. (2010) Culture and Cooperation, Philosophical Transactions of the Royal Society B, 365, 2651-2661
Moxnes, E., van der Heijden, E. (2003) The Effect of Leadership in a Public Bad Experiment, Journal of Conflict Resolution, 47, 773-795
van der Heijden, E., Potters, J., Sefton, M. (2009) Hierarchy and Opportunism in Teams, Journal of Economic Behavior & Organization, 69, 39-50
Gürerk, Ö., Irlenbusch, B., Rockenbach, B. (2009): Motivating Teammates: The Leaders' Choice between positive and negative Incentives
Gneezy, U., List, J. (2006) Putting Behavioral Economics to Work: Testing for Gift Exchange in Labor Markets Using Field Experiments, Econometrica, 74, 1365-1384.
Cadsby, C.B., Song, F., Tapon, F. (2007) Sorting and Incentive Effects of Pay for Performance: An Experimental Investigation, Academy of Management Journal, 50, 387-405
Gneezy, U., Rustichini, A. (2000) Pay enough or don't pay at all, Quarterly Journal of Economics, 115, 791-810
Kosfeld, M., Neckermann, S. (2011) Getting more work for Nothing? Symbolic Awards and Worker Performance, American Economic Journal: Microeconomics, 3, 86-99
Gabriel, S.A., Rosendahl, K.E., Egging, R., Avetisyan, H.G., Siddiqui, S. (2012) Cartelization in gas markets: Studying the potential for a "Gas OPEC", Energy Economics, 34, 137-152
Frondel, M., Ritter, N., Schmidt, C.M., Vance, C. (2010) Economic Impacts from the Promotion of Renewable Enegry Technologies: The German Experience, Energy Policy, 38, 4048-4056
Coleman, E. (2009) Institutional Factors Affecting Biophysical Outcomes in Forest Management, Journal of Policy Analysis and Management, 28,122-146
Cardenas, J.C., Rodriguez, L.A., Johnson, N. (2010) Collective Action for Watershed Management:Field Experiments in Colombia and Kenya, Environment and Development Economics, 16, 275-303
Paul, E. (2006): A Survey of the Theoretical Economic Literature on Foreign Aid, Asian-Pacific Economic Literature, 20, 1-17.
Banerjee, A., Duflo, E. (2007): The Economic Lives of the Poor, Journal of Economic Perspectives, 21, 141-167.
Nega, B., Schneider, G. (2012) Things fall apart: Dictatorships, Development, and Democracy in Africa, Journal of Economic Issues, XLVI, 371-381
Khavul, S. (2010): Microfinance: Creating Opportunities for the Poor?, Academy of Management Perspectives, 24, 58-72
Svensson, J. (2005): Eight Questions about Corruption, Journal of Economic Perspectives, 19,19-42
Armantier, O., Boly, Amadou (2011): A Controlled Field Experiment on Corruption, European Economic Review, 55, 1072-1082
Coupé, T. (2007) Incentives and Bonuses - The Case of the 2006 World Cup, Kyklos, 60, 349-358
Garcia-del-Barrio, P., Pujol, F. (2009) The Rationality of Under-employing the Best-performing Soccer Players, Labour, 23, 397-419
Torgler, B., Schmidt, S. (2007) What shapes player performance in soccer? Empirical findings from a panel analysis, Applied Economics, 39, 2355-2369

Further information:
Registration in Moodle required.
This module has been offered for the last time in the winter semester 2012/2013. In the future, all English modules can be accredited for the module "Applied Economics" which are assigned to the elective module group "European Economics" according to the new subject-specific regulation (Fachspezifische Ordnung, FSO) of the Bachelor Program International Business Administration.