Education as a test: An elementary exposition
A simple model of the education process is presented in which schooling sorts individuals both according to their choice of a level of education to strive for, and success or failure in that course of schooling. When the productivity-enhancing role of education is included in this sorting model then...
Gespeichert in:
| Veröffentlicht in: | Economics of education review 1985, Vol.4 (2), p.123-128 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| Zusammenfassung: | A simple model of the education process is presented in which schooling sorts individuals both according to their choice of a level of education to strive for, and success or failure in that course of schooling. When the productivity-enhancing role of education is included in this sorting model then sorting may cause underinvestment in education, even if ability is hierarchical, so that in every job individuals have the same ranking according to productivity. |
|---|---|
| ISSN: | 0272-7757 1873-7382 |
| DOI: | 10.1016/0272-7757(85)90054-8 |