Who benefits from human capital investments? An analysis with cooperative game theory
by Tobias Hiller
International Journal of Economics and Business Research (IJEBR), Vol. 6, No. 1, 2013

Abstract: This paper employs the χ-value to analyse who benefits from investments in general and in specific human capital, the employer or the employee. Within this framework, we replicate the standard results of human capital theory.

Online publication date: Mon, 30-Dec-2013

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