some of you may be familiar with the paper: Strikes, Scabs and Tread Separations: Labor Strife and the Production of Defective Bridgestone/Firestone Tires", joint with Alan Krueger, NBER Working Paper, March 2003. Forthcoming, Journal of Political Economy, April 2004.
it argues that many of the tire blowouts that cost Ford quite a bit were the result of a bitter labor strike. Here Krueger's co-author shows that Caterpillar equipment built during that strike sold at a discount in the use equipment market because of poor quality. http://www.princeton.edu/~amas/mas_job_paper.pdf -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901
