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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 languageEnglish
Pages (from-to)259-265
JournalEconomics Letters
Volume73
Issue number70
DOIs
Publication statusPublished - 1 Jan 2001

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