Pay cuts and layoffs in an experimental minimum effort coordination game

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dc.contributor.author Chaudhuri, Ananish en
dc.contributor.author So, Tony en
dc.contributor.author Sbai, Erwann en
dc.date.accessioned 2018-10-09T03:30:35Z en
dc.date.issued 2017-09-27 en
dc.identifier.issn 1545-2921 en
dc.identifier.uri http://hdl.handle.net/2292/39836 en
dc.description.abstract It is well-documented that during recessions, businesses prefer to lay off workers rather than implement across the board pay cuts. We examine the impact of pay cuts versus layoffs on intra-organization coordination, which is a fundamental problem facing firms involved in team production, by looking at behavior in the minimum effort coordination game following an intervention. Our results suggest that, contrary to received wisdom, both pay cuts and layoffs foster better coordination success. In particular, we do not find that pay cuts are detrimental to intraorganization coordination. en
dc.publisher Economics Bulletin en
dc.relation.ispartofseries Economics Bulletin en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. Details obtained from http://www.sherpa.ac.uk/romeo/issn/1545-2921/ en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.title Pay cuts and layoffs in an experimental minimum effort coordination game en
dc.type Journal Article en
pubs.issue 3 en
pubs.begin-page 2181 en
pubs.volume 37 en
dc.rights.holder Copyright: The authors en
pubs.author-url http://www.accessecon.com/Pubs/EB/2017/Volume37/EB-17-V37-I3-P197.pdf en
pubs.end-page 2197 en
dc.rights.accessrights http://purl.org/eprint/accessRights/OpenAccess en
pubs.subtype Article en
pubs.elements-id 680251 en
pubs.org-id Business and Economics en
pubs.org-id Economics en
pubs.org-id Property en
pubs.record-created-at-source-date 2017-10-02 en
pubs.online-publication-date 2017-09-27 en


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