منابع مشابه
Skill Transferability, Regret and Mobility
Skill Transferability, Regret and Mobility After graduation many students start working in sectors not related to their field of study or participate in training targeted at work in other sectors. In this paper, we look at mobility immediately after graduation from the perspective that educational choices have been made when these pupils had little experience of the actual working life in these...
متن کاملThe Effect of Transferability of Skills and Regret on Sectoral Mobility after Graduation∗
After graduation many students start working in sectors not related to their field of study and participate in training targeted at work in other sectors. In this paper we analyze this sectoral mobility after graduation. We develop a model in which students accumulate partially transferable human capital but also learn about their vocational preferences at university and during the first years ...
متن کاملSkill signaling , prospect theory , and regret theory ∗
When a risky decision involves both skill and chance, success or failure is a signal of the decision maker's skill. Adopting standard models from the career concerns literature, we show that a rational desire to avoid looking unskilled may help explain several anomalies associated with prospect theory, including probability weighting, loss aversion, and framing. Prospect theory's four-fold patt...
متن کاملSkill reputation, prospect theory, and regret theory
When a risky decision involves both skill and chance, success or failure provides information about the decision maker’s skill. Using standard models from the principal—agent literature, we show that a concern for skill reputation can help explain the central prediction of prospect theory that people tend to overweight small probabilities and underweight large probabilities. When the odds of su...
متن کاملSkill Accumulation and Occupational Mobility
In this paper, I develop a dynamic model of occupational mobility in which an interaction of multiple general skills in skill accumulation is introduced. I investigate workers’ motivation to exploit this interaction and how the motivation generates occupational mobility. The results of a structural estimation indicate that the theoretical model is able to replicate a set of empirical patterns o...
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ژورنال
عنوان ژورنال: Applied Economics
سال: 2007
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036840600675661