Not guilty? Another look at the nature and nurture of economics students
AbstractEconomists praise the efficiency of the price mechanism in allocating scarce resources. Others, however, often reject it as unfair. In this study, we investigate the extent to which economists also differ from non-economists in how they value the fairness of the price system, and examine how deeply such differences are rooted in their course of studies. The result: studying economics does in fact influence how they arrive at value judgements, though students' attitudes do not stem solely from this factor - their views already differ from those of non-economics students right at the beginning of their studies. --
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Bibliographic InfoPaper provided by Deutsche Bank Research in its series Research Notes with number 10.
Date of creation: 2003
Date of revision:
Economists; fairness; learning; selection; attitudes;
Other versions of this item:
- Haucap, Justus & Just, Tobias, 2003. "Not Guilty? Another Look at the Nature and Nurture of Economics Students," Working Paper 8/2003, Helmut Schmidt University, Hamburg.
- 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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