search query: @freeterm Downsizing / total: 31
reference: 11 / 31
| Author: | Cabrales, A. Calvó-Armengol, A. |
| Title: | Corporate downsizing to rebuild team spirit: how costly voting can foster cooperation |
| Journal: | Journal of the European Economic Association
2007 : SEP, VOL. 5:5, p. 1016-1042 |
| Index terms: | co-operation voting |
| Freeterms: | downsizing |
| Language: | eng |
| Abstract: | A new mechanism to achieve coordination through voting is proposed, and a number of real-life applications are discussed for it. Among them, the mechanism provides for a new theory for downsizing in organisations. A crisis may lead to a decrease in the willingness to cooperate in an organization, and therefore to a bad equilibrium. A consensual downsizing episode may signal credibly that survivors are willing to cooperate, and thus, it may be optimal and efficiency-enhancing (for the individuals remaining in the organization), as the empirical evidence suggests. |
SCIMA