Abstract
This paper develops a theoretical model of a worker's decision problem under uncertainty about the optimal separation time, when holding a representative outside offer but facing fixed costs of quitting. Implications of the model's closed form solution are consistent with the quit behavior of workers from a large Dutch company.
Original language | English |
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Pages (from-to) | 259-265 |
Journal | Economics Letters |
Volume | 73 |
Issue number | 70 |
DOIs | |
Publication status | Published - 1 Jan 2001 |