Abstract
Individual educational investment is an important way of forming manpower capital. Due to the influence of many uncertain factors and the limitation of intrinsic attributes of manpower capital, it has become a kind of risk investment, with its special risk connotation, risk type and attitude preference of different investors toward risk. The individual educational investment risk has close relations with the individual’s number of years for education and occupation or specialty. The relationship between risk and the number of years for education is included in the equation of education and income. Risk progressively decreases accompanied by the increase in the number of years for education. Different occupation has different income and risk. Choosing an occupation is a comprehensive choice of both occupational income and risk. Under the condition of risk, the combined selection of individual’s number of years for education and occupation is an important model to realize the maximized effectiveness of individual educational investment.
| Keywords: | individual educational investment; educational investment risk; the number of years for education; occupation selection; educational assets organization |
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