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Not Guilty? Another Look at the Nature and Nurture of Economics Students

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Author Info
Haucap, Justus () (Helmut Schmidt University, Hamburg)
Just, Tobias () (Deutsche Bank Research)

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Abstract

In this paper, we examine students' attitudes towards various allocation mechanisms for a scarce resource. For this purpose, we have run a survey among officers of the German military who are enrolled in different courses of study (such as economics) at the University of the German Federal Armed Forces. We find that significantly more economics than noneconomics students judge price increases as fair. Moreover, this tendency strengthens as economics students advance in their studies. In addition, fewer advanced economics students judge allocation through the local community as fair when compared to first-year economists or other students. These results stand in contrast to results obtained by Frey, Pommerehne and Gygi (1993) on the same survey. In summary, we find evidence for both nature and nurture effects.

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File URL: http://www.hsu-hh.de/fgvwl/index_arbQA5dGtYbTSkC1.html
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Publisher Info
Paper provided by Helmut Schmidt University, Hamburg in its series Working Paper with number 8/2003.

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Length: 20 pages
Date of creation: May 2003
Date of revision:
Handle: RePEc:ris:vhsuwp:2003_008

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Related research
Keywords: Economists; fairness; learning; selection; attitudes;

Find related papers by JEL classification:
A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

Cited by:
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  1. Gebhard Kirchgässner, 2005. "(Why) Are Economists Different?," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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This page was last updated on 2009-12-23.

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