Why Students Don't Study and Employers Don't Pay High Salaries?
2021 ◽
Vol 29
(6)
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pp. 557-567
Keyword(s):
Made In
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The article examines the behavior of students and employers as a bimatrix game. With the tools of game theory, it is generally proven that the optimal strategy for employers is to pay low wages, and for students – not to study or to study too little. These two strategies form the Nash’s equilibrium in pure strategies. No specific numbers were used in the evidence, but only plausible assumptions about the relationships between the used parameters. This generalizes the conclusions made in the general case of higher education. Such a study of the question using game theory has not been done yet.
2015 ◽
Vol 37
(1)
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pp. 54-67
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Keyword(s):
1982 ◽
Vol 34
(2)
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pp. 374-405
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Keyword(s):
2017 ◽
Vol 23
(5)
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pp. 650-660
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Keyword(s):
2019 ◽
Vol 27
(02)
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pp. 225-237
Keyword(s):