AI2156 Contract Theory with Application to Property Management 7.5 credits

Lectures to explain theories and their applications

- Exercises to solve related problems

- Projects to practice problem analysis and contract design in property management and real estate cases

The overall aim of this course is to give the student a broad view of the economics of contracts and its practical significance in property management and real estate market.

After having finished the course the student should be able to:

- Recognise and describe the notion and consequences of asymetric information

- Identify situations characterized by hidden action and sisuations characterized by hidden characteristics

- Elaborate and interpret the problems that may arise because of information asymetry

- Understand the relevance of these problems for designing contracts related to property management and real estate practica issues

- Outline and design efficient contracts that are applicable in the above situations

Eligibility to the master programme in Real Estate and Construction Management.

Material distributed by the lecturer.

If the course is discontinued, students may request to be examined during the following two academic years.

• PRO1 - Project Work, 3.0 credits, grading scale: P, F
• TEN1 - Written Exam, 4.5 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Zan Yang

• All members of a group are responsible for the group's work.
• In any assessment, every student shall honestly disclose any help received and sources used.
• In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.