Not Guilty? Another Look at the Nature and Nurture of Economics Students
AbstractIn 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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Bibliographic InfoPaper provided by Helmut Schmidt University, Hamburg in its series Working Paper with number 8/2003.
Length: 20 pages
Date of creation: May 2003
Date of revision:
Economists; fairness; learning; selection; attitudes;
Other versions of this item:
- Haucap, Justus, 2003. "Not guilty? Another look at the nature and nurture of economics students," Research Notes 10, Deutsche Bank Research.
- 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
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- Amélie Goossens & Pierre-Guillaume Méon, 2010. "The impact of studying economics, and other disciplines, on the belief that voluntary exchange makes everyone better off," Working Papers CEB 10-012.RS, ULB -- Universite Libre de Bruxelles.
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"(Why) Are Economists Different?,"
University of St. Gallen Department of Economics working paper series 2004
2004-18, Department of Economics, University of St. Gallen.
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- Bauman, Yoram & Rose, Elaina, 2011. "Selection or indoctrination: Why do economics students donate less than the rest?," Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 318-327, August.
- Sacha Bourgeois-Gironde & David Leiser & Rinat Benita, 2010. "Human Foibles or Systemic Failure -- Lay Perceptions of the 2008-09 Financial Crisis," Post-Print ijn_00445611, HAL.
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