Schor, Juliet B; Bowles, Samuel - In: The Review of Economics and Statistics 69 (1987) 4, pp. 584-92
A new measure of labor market tightness on workers' behavior--the employment rent--is modeled as a determinant of workplace conflict. An empirical estimate of the employment rent--workers' expected cost of job loss--is calculated. It is argued that the cost of job loss affects strike incidence....