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1 - 10 of 16 results for: POLECON ; Currently searching offered courses. You can also include unoffered courses

POLECON 230: Strategy Beyond Markets

Politicians, regulators, and voters place limits on - and present opportunities for - nearly every business. Firms like Uber, Airbnb, and Google do not only remain cognizant of existing laws, they also look for opportunities to change the law in ways that help their business. In this class, we will learn how businesses can influence political decision-making and develop frameworks for political strategy. We will examine firms' interactions with competitive firms, market incumbents, customers, and institutions, including interest groups, legislatures, regulatory agencies, courts, international organizations, and the public. Case studies include intellectual property, health care reform, carried interest in private equity, ride-sharing, and peer-to-peer lending. Students will complete the course with a better appreciation of how politics works, of the opportunities and perils associated with alternative political goals, and of tactics likely to achieve those goals. Special emphasis is given to beyond market strategy for start-ups and how to integrate market and beyond-market strategies.
Units: 2 | Grading: GSB Letter Graded

POLECON 239: MSx: Strategy Beyond Markets

This course addresses managerial issues in the social, political and legal environments of business. Cases and readings emphasize strategies to improve the performance of companies in light of their multiple constituencies, in both within the US and internationally. Most core courses focus on firms' interactions with customers, suppliers, and alliance partners in the form of mutually beneficial voluntary exchange transacted in markets. In contrast, this course considers the strategic interactions of firms with comparably important constituents, organizations, and institutions beyond markets. Issues considered include those involving activist and interest groups, the media, legislatures, regulatory and antitrust agencies, and other forms of political risk. In many of the class sessions, we will draw on theoretical and empirical research in political economy, a field that is particularly relevant for understanding relationships between firms and governments, because (unlike most of economics) political economy focuses on interactions that are neither voluntary nor transacted via money.
Units: 3 | Grading: GSB Letter Graded
Instructors: Jha, S. (PI)

POLECON 342: Finding Spiritual Meaning at Work: Business Exemplars

This course explores the experience of respected business leaders who have been able to integrate their spiritual and business lives successfully. It also provides an explicit opportunity for students to discuss their own intentions to find deep meaning in and through their business careers. Difficulties, struggles and barriers will be examined as well. Readings will include both biographies of specific business people and background materials on the major religious and philosophical traditions represented. A number of the exemplars whose biographical information will be examined, like Jeff Weiner of LinkedIn, will be invited to class -- initially to listen to the class discussion, and then to provide feedback to students, expand on their own biographies and the background resources read in preparation for each class, and respond to questions and answers. This course will help students elucidate how their business careers fit into what ultimately matters most to them and how to build moral courage and long-term commitment to their ideals.
Units: 3 | Grading: GSB Letter Graded
Instructors: McLennan, S. (PI)

POLECON 349: The Business World: Moral and Spiritual Inquiry through Literature

This course uses novels and plays as a basis for examining the moral and spiritual aspects of business leadership and of the environment in which business is done. On the one hand literature is used as the basis for examining the character of business people, while on the other hand literature provides illumination of the cultural contexts of values and beliefs within which commercial activities take place in a global economy. The course is organized around the interplay of religious traditions and national identities. Classes are taught in a Socratic, discussion-based style, creating as much of a seminar atmosphere as possible. A two-text method is used, encouraging students to examine their own personal stories with as much care as the stories presented in the literature. This course will be graded on the basis of class participation, weekly reflection papers (1 page), and a final paper. There will be no exam.
Units: 3 | Grading: GSB Letter Graded
Instructors: McLennan, S. (PI)

POLECON 351: Global Business: Unspoken Rules of the Game

This course will provide both theoretical and practical assistance to students who will be engaged in global business -- in terms of understanding and negotiating issues of custom, cultural ethos, and underlying religious traditions which are often unspoken but critical to business success. Frameworks and modes of analysis will be presented that can be used universally, but then will be applied concretely, through case studies, to business contexts in China, Japan, India, the Middle East, Israel, Europe, Africa, Latin America, and the United States. Background information will be included on major religious traditions involved, like Buddhism, Confucianism, Hinduism, Islam, Judaism and Christianity. The class will be discussion-based, drawing on students' own life experience as well as that of invited guests who are personally familiar with business practices in various parts of the world.
Units: 3 | Grading: GSB Letter Graded
Instructors: McLennan, S. (PI)

POLECON 515: Strategy Beyond the Market: Innovation in the Energy Industry

This class is a follow on to the 1st year Foundations class, Strategy Beyond Markets. We will take a deeper dive into the market and beyond market strategies in the energy industry. Each session will address a business problem and analyze the interaction of market structure and strategy with the creation of beyond-market rules of the game. The business problem will either come from a written case or a guest speaker. Topics covered:n-Innovation in a regulated industry.n-Working with and around utilities.n-Using the beyond-market to dislodge entrenched incumbents.n-Working with social activists to change the rules of market competition.n-The politics of emissions standards.n-The politics and innovation of renewable energy.
Units: 2 | Grading: GSB Letter Graded

POLECON 584: Managing Global Political Risk

In a globalized world, managers and investors are increasingly realizing that politics matter as much as economic fundamentals. Micro-level decisions made by local politicians in Brazil or India, national-level strategies of countries like China and Russia, and multi-national regimes, policies, and norms are all affecting global businesses in significant and often surprising ways. This course examines the full array of political risks confronting businesses today, from creeping expropriations to sudden shocks like national debt defaults and coups to emerging threats like cyber exploitation. Students will learn about impediments to assessing political risk and how to tackle them; develop strategies for managing political risk in a systematic way; and craft tools for mitigating the downside effects of political risk to business. Each session will include customized case studies and mini-simulations for students to walk in the shoes of senior managers confronting these challenges.
Units: 1 | Grading: GSB Pass/Fail

POLECON 660: Behavioral Political Economy

Most of modern political economy is based on theories of completely rational agents. This has been an enormously fruitful modeling strategy. (Ironically, the approach is sensible partly because researchers are themselves boundedly rational.) There are, however, well-known empirical problems with this strategy. In particular, all humans are cognitively constrained: to take two important examples, our conscious attention is sharply limited and our memories are quite fallible.nnMany of our mental properties are examined in behavioral economics. The approach in that field tends to be piecemeal, somewhat notoriously so in the heuristics-and-biases tradition pioneered by Kahneman and Tversky. (Not surprisingly, the list of cognitive biases is now quite long.) This course takes a different approach. In addition to empirical regularities discovered by psychologists, anthropologists, neuroscientists, and other scholars who study how humans think and feel, it exploits theoretical resources offer more »
Most of modern political economy is based on theories of completely rational agents. This has been an enormously fruitful modeling strategy. (Ironically, the approach is sensible partly because researchers are themselves boundedly rational.) There are, however, well-known empirical problems with this strategy. In particular, all humans are cognitively constrained: to take two important examples, our conscious attention is sharply limited and our memories are quite fallible.nnMany of our mental properties are examined in behavioral economics. The approach in that field tends to be piecemeal, somewhat notoriously so in the heuristics-and-biases tradition pioneered by Kahneman and Tversky. (Not surprisingly, the list of cognitive biases is now quite long.) This course takes a different approach. In addition to empirical regularities discovered by psychologists, anthropologists, neuroscientists, and other scholars who study how humans think and feel, it exploits theoretical resources offered by the modern cognitive sciences: in particular, dual process theories of mind, developed by cognitive psychologists, and computational theories of mind, developed by a heterogeneous set of cognitive scientists. These two theoretical approaches will provide frameworks that will help us make sense of empirical regularities discovered experimentally and in the field. Instead of being a disorganized list of departures from classical theories of utility and choice, they are an alternative way to think about human problem solving and decision making.n nIn additional to this foundational work, we will also study how our mental processes affect political behavior. A variety of contexts will be examined, including elections, government officials trying to solve complex policy problems, and the evolution of political norms. (For this last topic evolutionary game theory might make an appearance.) Since many of the relevant readings are based on stochastic models, we may use one session as a tutorial on constructing and interrogating stochastic models. A key objective will be to learn how to build formal PE models that are consistent with the cognitive science formulations described above.
Units: 1 | Grading: GSB Student Option LTR/PF
Instructors: Bendor, J. (PI)

POLECON 680: Foundations of Political Economy

This course provides an introduction to political economy with an emphasis on formal models of collective choice, public institutions, and political competition. Topics considered include voting theory, social choice, institutional equilibria, agenda setting, interest group politics, bureaucratic behavior, and electoral competition. Also listed as Political Science 351A.
Units: 3 | Grading: GSB Letter Graded

POLECON 681: Economic Analysis of Political Institutions

This course extends the foundations developed in P680 by applying techniques of microeconomic analysis and game theory to the study of political behavior and institutions. The techniques include information economics, games of incomplete information, sequential bargaining theory, repeated games, and rational expectations. The applications considered include agenda formation in legislatures, government formation in parliamentary systems, the implications of legislative structure, elections and information aggregation, lobbying, electoral competition and interest groups, the control of bureaucracies, interest group competition, and collective choice rules. Also listed as Political Science 351B.
Units: 4 | Grading: GSB Student Option LTR/PF
Instructors: Shotts, K. (PI)
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