Training in the Air Force--the Example of Graduate Education.
Abstract
The study applies models for rational investing in human capital to Air Force decisions on training and particularly decisions about graduate education for officers. Two separate questions are addressed in depth. First, among the possible types of officers (rated-nonrated, reserve-regular, by length of service) who could be sent to school, are there any economic advantages to sending a specific group. In terms of the possibilities for the investment paying off (i. e., recouping the costs of training) the decision rules are unambiguous: nonrated are a better investment than rated and more junior a better investment than more senior. Second, what is the trade-off between educating Air Force officers and hiring people who have purchased their own education. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1971
- Accession Number
- AD0728196
Entities
People
- Eric A. Hanushek
Organizations
- United States Air Force Academy