Asked by
Mohammad Easir
on Dec 17, 2024Verified
According to the signaling theory of education, better-educated workers
A) are likely to be high-ability workers.
B) improve their marginal productivity through education.
C) are in scarce supply in less-developed countries.
D) can only find low-skilled jobs due to technology.
Signaling Theory
A concept in economics and game theory that explores how parties communicate their quality or intent through decisions or actions that incur a cost or carry an inherent message.
- Distinguish between human-capital and signaling theories concerning education.
Verified Answer
LG
Learning Objectives
- Distinguish between human-capital and signaling theories concerning education.