thesis

	DOWNSIZING
	Here it is! The long awaited thesis, written by Jonathan Lurie, an economics major at Princeton University. The thesis traces the origin of downsizing, in terms of why and how managers presented a doom-and-gloom vision to workers (laying them off by the thousands) on one hand, and on the other hand, projecting a rosy view of the corporation to shareholders, so that the stock price would soar. You may download any chapter that follows. This material is the property of Princeton University, and may be cited as long as you notify and give proper credit to the author.
	Feedback is always appreciated. E-Mail me at jonlurie@alumni.princeton.edu with comments or suggestions. While the bibliography and data set are not included here, they are available upon request.
	Prologue		Prologue
	Chapter I		Introduction
	Chapter II		Why do firms downsize?
	Chapter III		Downsizing in Corporate America: An Event Study
	Chapter IV		The Pseudo-Downsizing of AT&T
	Chapter V		The Strategic Aspects of Information and Incentives
	Chapter VI		Extensions to the Game: Recessions and Inefficiency
	Chapter VII		Dumbsizing: The Case of Delta Airlines
	Chapter VIII		Conclusion

	Delta Airlines \| United Airlines \| AT&T
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