Natural born economists?
AbstractWe carried out a survey among a large group of undergraduate students of different disciplines to test whether the study of economics influences students' view on profit maximization and the market mechanism. We find that there are significant differences between economics students and the others, suggesting the presence of both a selection bias against the market system in non economics students and a treatment effect in economics students.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Economic Psychology.
Volume (Year): 30 (2009)
Issue (Month): 3 (June)
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Web page: http://www.elsevier.com/locate/joep
Fairness Efficiency Economics teaching Selection;
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