Re:US schools lay off hundreds of thousands
by satyrnein on Thursday June 04, 2020 @11:53PM
(#23424930)
This is what the "signaling arms race" refers to.
The other model, human capital theory, says that a high school diploma proves that the student has acquired specific skills (algebra, European history, etc) and therefore built up human capital. Signaling theory says the specific skills are not the point.
The other model, human capital theory, says that a high school diploma proves that the student has acquired specific skills (algebra, European history, etc) and therefore built up human capital. Signaling theory says the specific skills are not the point.