Based on the Higher Education Individual Human Capital Investment Decision Analysis Research.doc
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Based on the Higher Education Individual Human Capital Investment Decision Analysis Research
Based on the Higher Education Individual Human Capital Investment Decision Analysis Research
Abstract: The higher personal investment in human capital investment, an important subject, this paper through human capital investment model analysis of cost-benefit analysis of individual human capital investment decisions based on, summed up the human capital investment decisions affecting individuals a variety of comprehensive factors. Finally, the obtained personal human capital investment on China’s higher education in the implementation process of the revelation.
Keywords:: human capital; human capital investment; cost-benefit analysis; utility
I. Introduction
“Human capital” was first Nobel laureate in economics Schulz in the study of the U.S. economy and the resulting gap between the physical capital stock, when used. Schultz that the human capital [1] refers to: “when an individual has the skills, knowledge, skills is seen as a produced means of production and investment products” formed when human capital. Schultz and later scholars from different angles on the human capital of the extensive studies on the formation of a rich theoretical and empirical research results. Among them, economists, human capital, Becker was his main contribution to human capital formation in the micro-analysis, from household production and individuals a systematic analysis of resource allocation point of view of human capital investment. He has made investment in human capital in the process of direct costs, indirect costs, the value of family time, time, concepts such as configuration, which is formed by investment in human resources, reflecting the individual or group knowledge, skills, abilities, etc., and able to offer its bring long-term source of income production capacity. An important feature of human capital is the capital of its human resources.
Human capital investment [2] is the government, business and other socio-economic units to human resources as ob
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