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[Language as Human Capital: Labor Specialization, Organizational Communication and Language Acquisition]

  • Huang, Weiting

From the perspective of labor division and specialization, we explained the human capital attributes of language, and pointed out the human capital was depended on the acquisition of specialized organizational language which is the standard code system in the process of organizational communication. Then we employed the "beauty contest game" to analyze the two-stage language acquisition decision of individual, and pointed out that first stage language acquisition was to gain the advantages of human capital competition in the second stage. The model we employed has shown the importance and mechanism of private information and public information in the individual language acquisition decision making process. In the end, we briefly analyzed factors which determined the formation and diffusion of private and public information.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15677.

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Date of creation: Jun 2009
Date of revision:
Handle: RePEc:pra:mprapa:15677
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  1. Camille Cornand & Frank Heinemann, 2004. "Optimal Degree of Public Information Dissemination," CESifo Working Paper Series 1353, CESifo Group Munich.
  2. Jacques Cremer & Luis Garicano & Andrea Prat, 2006. "Language and the Theory of the Firm," Levine's Bibliography 784828000000000373, UCLA Department of Economics.
  3. Ariel Rubinstein, 2005. "Economics and Language," Levine's Bibliography 666156000000000654, UCLA Department of Economics.
  4. George-Marios Angeletos & Alessandro Pavan, 2006. "Socially Optimal Coordination: Characterization and Policy Implications," NBER Working Papers 12778, National Bureau of Economic Research, Inc.
  5. Gordon Tullock, 1998. "on voting," Books, Edward Elgar Publishing, number 1348, 10.
  6. Jeffrey Church & Ian King, 1993. "Bilingualism and Network Externalities," Canadian Journal of Economics, Canadian Economics Association, vol. 26(2), pages 337-45, May.
  7. Yingyi Qian & Gerard Roland & Chenggang Xu, 2006. "Coordination and Experimentation in M-Form and U-Form Organizations," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 366-402, April.
  8. Stephen Morris & Hyun Song Shin, 2002. "Social Value of Public Information," American Economic Review, American Economic Association, vol. 92(5), pages 1521-1534, December.
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