In the basic competitive model, why do employees pay for general training and firms pay for specific

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In the basic competitive model, why do employees pay for general training and firms pay for specific training?

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Managerial Economics and Organizational Architecture

ISBN: 978-0073375823

5th edition

Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr

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Question Posted: Apr 11, 2018 06:11 AM

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In the basic competitive model, why do employees pay for general training and firms pay for specific

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Employees capture the gains from general training An employee with ...View the full answer

Managerial Economics and Organizational Architecture

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