Students • understand the importance of incentive systems for economic processes and can analyze the effects of incentive systems; • have a firm knowledge in game theory and contract theory, and can address questions in the context of scientific discussion; • are able to apply methods from game theory and contract theory largely independently to the analysis of situations in which agents interact strategically; • are able to design incentive schemes – on their own and in teams – and to acquire knowledge on their own for this purpose and, to present their results, and to defend them in the scientific discourse.
