Faculty News
Prof. Michael Spence's theory of economic signaling is higlighted
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![Forbes logo Forbes logo](/sites/default/files/styles/480w/public/assets/images/con_030508.jpg?itok=C4Xqx5A4)
Excerpt from Forbes -- "One theoretical economical model that comes to mind that supports Kelly’s belief is Michael Spence’s signalling model of education. In this model, a person with high ability, ability that cannot be directly observed by prospective employers, looks for some way to signal that ability to differentiate himself from lower ability competitors."
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