International Migration of Brains, Educational Competition and National Interests: A Two-country, Game-Theoretic Approach by
نویسندگان
چکیده
A two-country, game-theoretic framework focuses on the nexus between human capital formation and international migration in an enlarged framework where distinctive brain drain and/or gain effects can arise from the option to study either at home, or abroad. Heterogeneous individuals choose between alternative university systems based, among other considerations, on their innate abilities, the quality of national educational systems, associated access costs, as well as employment prospects and anticipated wage earnings in both countries. The international welfare implications of non-cooperative and cooperative educational and labourmarket strategies are examined. Paradoxically, scenarios arise where the impact of educational subsidies and/or improved educational standards in a given country can be immiserizing. JEL classification codes: F22, F15
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