Does Studying Economics Inhibit Cooperation?
AbstractIn this paper we investigate whether exposure to the self-interest model commonly used in economics alters the extent to which people behave in self-interested ways. First, we report the results of several empirical studies—some our own, some by others—that suggest economists behave in more self-interested ways. By itself, this evidence does not demonstrate that exposure to the self-interest model causes more self-interested behavior, since it may be that economists were simply more self-interested to begin with, and this difference was one reason they chose to study economics. Second, we present preliminary evidence that exposure to the self-interest model does in fact encourage self-interested behavior.
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Perspectives.
Volume (Year): 7 (1993)
Issue (Month): 2 (Spring)
Find related papers by JEL classification:
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Marwell, Gerald & Ames, Ruth E., 1981. "Economists free ride, does anyone else? : Experiments on the provision of public goods, IV," Journal of Public Economics, Elsevier, vol. 15(3), pages 295-310, June.
- Kahneman, Daniel & Knetsch, Jack L & Thaler, Richard H, 1986. "Fairness and the Assumptions of Economics," The Journal of Business, University of Chicago Press, vol. 59(4), pages S285-300, October.
- John R. Carter & Michael D. Irons, 1991. "Are Economists Different, and If So, Why?," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 171-177, Spring.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Is Economics the Problem?
by James Kwak in the baseline scenario on 2011-02-18 13:00:25
- 660. Psychology of money
by admin in Reflections on Gardenworld Politics on 2011-02-19 03:19:56
- In defence of economists
by Matt Nolan in The Invisible Hand in Economics on 2013-11-13 21:53:19
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