{"product_id":"9783031991127","title":"Human Capital Theory Heterogeneity in Labor Economics and Microeconomic Theory","description":"\u003ch1\u003eHuman Capital Theory\u003c\/h1\u003e\u003ch2\u003eHeterogeneity in Labor Economics and Microeconomic Theory\u003c\/h2\u003e\u003ch3\u003eJeremiah M. Allen\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Labor \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003e\u003cspan data-olk-copy-source=\"MessageBody\"\u003eTraditional approaches to labor economics posit workers as homogeneous, which can make it difficult for scholars to identify and learn from the complexities of a nation's workforce. In this book, economist Jeremiah M. Allen provides new ways to make sense of the concept of human capital. \u003c\/span\u003e\u003c\/p\u003e\r\n\u003cp\u003eThe book begins with foundational concepts in economics.  Later chapters explore worker heterogeneity in labor markets, long-run equilibrium, and economic decisions based on worker preference and ability. The book also contextualizes concepts related to human capital, including skillset diversity, worker preferences, and worker ability. By integrating prospect theory and expected utility, the book draws connections between microeconomic principles and fundamentals. \u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003eHuman Capital Theory\u003c\/em\u003e examines real-world scenarios and economic phenomena, equipping students, researchers, and scholars with the tools needed to analyze and conceptualize human capital today. Readers will come away from the book with enhanced knowledge of labor economics in the context of education economics and policy.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e\u003cp\u003e\u003cstrong data-olk-copy-source=\"MessageBody\"\u003eJeremiah M. Allen\u003c\/strong\u003e is Emeritus Professor at the University of Lethbridge in Alberta, Canada. He served as Chair of the Economics Department at the University for more than ten years during his tenure. Allen is a labor economist with a special focus on human capital and education economics\u003c\/p\u003e\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e22 October 2026\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eSpringer Nature Switzerland\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003ePalgrave Macmillan\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9783031991127\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Springer Nature Switzerland","offers":[{"title":"Default Title","offer_id":44395220664460,"sku":"9783031991127","price":40.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783031991127.jpg?v=1780603272","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783031991127","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}