Overinvestment in College Training?

Eli Schwartz and Robert Thornton

Journal of Human Resources, 1980, vol. 15, issue 1, 121-123

Abstract: When producers are uncertain or have imperfect information about the profitability of adopting new technology, their adoption behavior depends on the endowment of human capital and the investment in adoption information. This study analyzes the role of ...

Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:15:y:1980:i:1:p:121-123

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