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Are Political Economists Selfish and Indoctrinated? Evidence from a Natural Experiment

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Author Info
Bruno S. Frey
Stephan Meier

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Abstract

Most professional economists believe that economists in general are more selfish than other people and that this increased selfishness is due to economics education. This article offers empirical evidence against this widely held belief. Using a unique data set about giving behavior in connection with two social funds at the University of Zurich, it is shown that economics education does not make people act more selfishly. Rather, this natural experiment suggests that the particular behavior of economists can be explained by a selection effect. (JEL A13, A20, H41) Copyright 2003, Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/ei/cbg020
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Publisher Info
Article provided by Oxford University Press in its journal Economic Inquiry.

Volume (Year): 41 (2003)
Issue (Month): 3 (July)
Pages: 448-462
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Handle: RePEc:oup:ecinqu:v:41:y:2003:i:3:p:448-462

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Find related papers by JEL classification:
A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
A20 - General Economics and Teaching - - Economics Education and Teaching of Economics - - - General
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

Cited by:
(explanations, 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.)

  1. Lisa R. Anderson & Jennifer M. Mellor & Jeffrey Milyo, 2004. "Do Liberals Play Nice? The Effects of Party and Political Ideology in Public Goods and Trust Games," Working Papers 07, Department of Economics, College of William and Mary. [Downloadable!]
    Other versions:
  2. Stephan Meier & Bruno Frey, 2004. "Do business students make good citizens?," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 11(2), pages 141-163, July. [Downloadable!] (restricted)
    Other versions:
  3. Lisa R. Anderson & Jennifer M. Mellor, 2005. "Did the Devil Make Them Do It? The Effect of Religion in Public Goods and Trust Games," Working Papers 20, Department of Economics, College of William and Mary. [Downloadable!]
    Other versions:
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This page was last updated on 2008-5-8.


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