human capital theory was developed by Gary Becker in 1964. Is defined as the set of productive capacities that an individual accumulation of knowledge acquired by general or specific, of savoir-faire, etc. The notion of capital expresses the idea of \u200b\u200ban intangible stock imputed to a person (ie idiosyncratic) that can be accumulated, be used. Is an individual choice, an investment. Is evaluated by the difference between original cost: the cost of educational expenses and related costs (purchase of books ...), the cost of productivity, ie, the salary he would receive if he were immersed in active life, and future income to date. The individual does well, a valuation arbitrage between work and further training to enable him, in future, receive higher wages than at present. It takes into account the maintenance of psychological capital (health, food, etc..). Optimize your capabilities avoiding not depreciate too much, either by the devaluation of their general and specific knowledge, either by degradation of their physical and moral. Invest to enhance their future productivity and income.
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