{"product_id":"human-capital-theory-jeremiah-m-allen-9783031991127","title":"Human Capital Theory: Heterogeneity in Labor Economics and Economic Theory","description":"\u003cp\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\/p\u003e \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 \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\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Jeremiah M. Allen\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3031991125\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783031991127\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Palgrave MacMillan\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/24\/2026\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover","brand":"Jeremiah M. Allen","offers":[{"title":"Hardcover","offer_id":47580033810687,"sku":"9783031991127","price":44.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_c04477c9-ec27-4b8f-9cab-23e493092328.jpg?v=1763878338","url":"https:\/\/www.whiterainbookhouse.com\/products\/human-capital-theory-jeremiah-m-allen-9783031991127","provider":"WR Book House","version":"1.0","type":"link"}