VARIOUS CONCEPTS OF HUMAN CAPITAL IN PROCESS OF EDUCATION

Authors

  • Alexandr Soukup Czech University of Life Sciences Prague
  • Karel Šrédl Czech University of Life Sciences Prague

Keywords:

Pareto´s efficiency, human capital, philter theory, education, signal equilibrium

Abstract

Theory of human capital views education as a specific production factor and as a specific sort of capital. Besides this theory, alternative concepts of education were developed. Philter theory which is interested in a selective function of education and created a different point of view of economic analysis phenomena in education. Signal equilibrium states for better or worse according to Pareto´s concept of efficiency and according to higher or lower difference between private and public educational returns.

References

  • Hirsch, F. (1976) Social Limits to Growth, Twentieth Century Fund.

  • Lewis, D. (1969) Convention: A Philosophical Study. Cambridge-Massachusetts, Harvard University Press.

  • Solomon, L. C. (1986) ‘The quality of education’, World Bank, Washington, DC..

  • Spence, M. (1974) Market Signalling. Cambridge - Massachusetts.

  • Šrédl, K. (2003) ‘Evaluation of common projects efficiency in agriculture’, Agricultural Economics – Czech, vol. 49, no. 1, pp. 37-39

  • Varian, H. (1995) Mikroekonomie. Prague: Victoria Publishing.

  • Wachtel P. (1975) ‘The effects of school quality on achievement, attainment levels and lifetime earnings’, Explorations in Economic Research, vol. 2, no. 4, pp. 502-536.

  • Additional Files

    Published

    2009-12-28

    How to Cite

    Soukup, A. and Šrédl, K. (2009) ’VARIOUS CONCEPTS OF HUMAN CAPITAL IN PROCESS OF EDUCATION’, Journal on Efficiency and Responsibility in Education and Science, vol. 2, no. 2, pp. 13–19 Retrieved from https://www.eriesjournal.com/index.php/eries/article/view/17.

    Issue

    Section

    Research Paper