status: Economic Letters, Vol. 42, November 1993, 43-50.
Abstract: In a labor market in which jobs are 'pure search goods' we ask whether workers are successful in their search for the best possible job. We show that workers' search activity ends in a finite amount of time and is successful, whenever either changing jobs is costless or its costs are not too high. When turnover costs are high it is possible to envisage situations in which a worker ends up holding for ever a job that is not the best among the ones available to him in the labor market.
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