= 27d567bc2d48d9f40e9ccc20ea370b15)
Vaniver comments on Rationality Quotes September 2013 - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (456)
Generally, the signalling model of education refers to the wage premium paid to holders of associates, bachelors, masters, and doctoral degrees, often averaged across all majors. (There might be research into signalling with regards to vocational degrees, but I think most people that look into that are more interested in licensing / scarcity effects.)
Well, in the hard science majors, there's considerable training, which is necessary for a large fraction of occupations. Granted, a physics PhD who became an economist may have been signalling, but it is far from the norm. What is the norm is that vast majority of individuals employed as physics PhDs would be unable to perform some parts of their work if they hadn't undergone relevant training, just as you wouldn't have been able to speak a foreign language or drive a car without training.