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Estudiar economía y racionalidad: Un experimento

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Rodrigo Taborda ()

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Abstract

En este documento se lleva a cabo el mismo experimento realizado por Harbaugh et al. (2001) usando como sujetos en el experimento a estudiantes de economía, ciencias políticas y medicina, quienes tienen una fuerte, mediana y nula formación en economía. El objetivo es encontrar violaciones al axioma débil de preferencia revelada (ADPR) y medir la magnitud de las violaciones mediante el calculo del índice de Afriat. Después de la evaluación de los resultados del experimento encontramos que un entrenamiento exhaustivo y medio en economía genera básicamente los mismos resultados en términos de la violación al ADPR, y que ningún entrenamiento en economía implica un considerable numero de decisiones erróneas en términos económicos. ************************************************************************* We develop the same experiment carried out by Harbaugh et al. (2001) but with economics, political science and medicine students, which range from a group of students strongly trained in economics, slightly trained and whose have not received no concept in economics, respectively. The objective of the paper is to find Weak Axiom of Revealed Preference (WARP) violations and measure them by the development of Afriat indexes. After the evaluation of the experiments results we find that extensive and slight training imply the same process of rationality following violations to GARP, and no training in economics imply a serious error process in rational economic decisions.

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Paper provided by UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA in its series BORRADORES DE INVESTIGACIÓN with number 002616.

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Length: 11
Date of creation: 01 Aug 2003
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Handle: RePEc:col:000091:002616

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  1. McFadden, Daniel, 1999. "Rationality for Economists?," Journal of Risk and Uncertainty, Springer, vol. 19(1-3), pages 73-105, December. [Downloadable!] (restricted)
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  2. William T. Harbaugh & Kate Krause & Timothy R. Berry, 2001. "GARP for Kids: On the Development of Rational Choice Behavior," Artefactual Field Experiments 0048, The Field Experiments Website. [Downloadable!]
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  3. Varian, Hal R, 1982. "The Nonparametric Approach to Demand Analysis," Econometrica, Econometric Society, vol. 50(4), pages 945-73, July. [Downloadable!] (restricted)
  4. Frank, Robert H & Gilovich, Thomas & Regan, Dennis T, 1993. "Does Studying Economics Inhibit Cooperation?," Journal of Economic Perspectives, American Economic Association, vol. 7(2), pages 159-71, Spring. [Downloadable!] (restricted)
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