Bayron earns a degree from a top university and is hired by a prominent firm because executives at the firm believe that graduates of this university must have a high ability level or they would not have graduated.Which of the following theories of education do the executives believe?

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The executives believe that Bayron's degree from a top university signals a high ability level, which is the central idea behind signaling theory. Human capital theory suggests that education increases individuals' abilities and productivity, but the executives in this scenario seem to be focused on the signaling value of the degree rather than the specific skills and knowledge that Bayron gained from it. The superstar phenomenon refers to the extreme market rewards that a small number of top performers receive and is not relevant to this scenario.

Bayron Earns a Degree from a Top University and Is