Shared investment in general training: the role of information.
Material type:
TextPublication details: Washington : World Bank, 1990.Subject(s): Summary: Discusses the role of the options value of general training in raising information asymmetry. It shows Becker's training model to be a special case of Zero asymmetry information.
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Discusses the role of the options value of general training in raising information asymmetry. It shows Becker's training model to be a special case of Zero asymmetry information.
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