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Who benefits from human capital investments? An analysis with cooperative game theory

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  • Tobias Hiller

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.

Suggested Citation

  • Tobias Hiller, 2013. "Who benefits from human capital investments? An analysis with cooperative game theory," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 6(1), pages 20-27.
  • Handle: RePEc:ids:ijecbr:v:6:y:2013:i:1:p:20-27
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    Cited by:

    1. Hiller, Tobias, 2017. "Quantitative overeducation and cooperative game theory," Economics Letters, Elsevier, vol. 152(C), pages 36-40.

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