文章基本信息

标题：Downsizing the Labor Force by Low and High Profit Firms - An Experimental Analysis
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作者：Werner Güth ; Christian Paul
期刊名称：Journal of Management and Sustainability
印刷版ISSN：1925-4725
电子版ISSN：1925-4733
出版年度：2011
卷号：1
期号：1
页码：2
DOI：10.5539/jms.v1n1p2
出版社：Canadian Center of Science and Education
摘要：We theoretically and experimentally employ a principal-agent setting to capture the effects of downsizing the labor force. One of the two main treatments features a large increase of the principal's profit and another one a rather low increase. Our main experimental findings are that downsizing often is avoided and that its frequency does not depend on its profitability. There is evidence that agents spend more effort when downsizing is more profitable what might explain that downsizing frequencies hardly depend on the profitability.