• En
  • De
    Home>Forschung>Ausgewählte Artikel>The Hidden Costs of Downsizing... Drucken


    The Hidden Costs of Downsizing

    We analyse whether a principal’s decision to lay off an agent affects the performance of the surviving agents in a laboratory experiment. We find that agents reduce their performance by 43% as a response to the lay-off decision. Heterogeneity in principals‘ decisions can largely be explained by different beliefs about how agents react to lay-offs.


    Drzensky, F., Heinz, M. (2015). The Hidden Costs of Downsizing . The Economic Journal.

    Aktuelle News & Events

    Aktuelle Video Interviews

    Goethe Universität Frankfurt