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Options to Quit

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image for OpenScout resource :: Options to Quit

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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.

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Gerard A. Pfann

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Adapt according to the presented license agreement and reference the original author.