The impact of studying economics, and other disciplines, on the belief that voluntary exchange makes everyone better off
Using a survey of a large group of first and final-year students of different disciplines, to study their belief in the existence of mutual benefits of voluntary transactions, we observe significant differences between economics and business students on the one hand, and students of other disciplines on the other hand. Those differences increase over time, due to economics students increasingly supporting that belief, and other students increasingly disagreeing with it. Beliefs of students specializing in the same topic also become more homogeneous over time. We therefore report evidence of both a selection and a learning effect of studying different disciplines.
|Date of creation:||2010|
|Publication status:||Published by:|
|Contact details of provider:|| Postal: CP114/03, 42 avenue F.D. Roosevelt, 1050 Bruxelles|
Phone: +32 (0)2 650.48.64
Fax: +32 (0)2 650.41.88
Web page: http://difusion.ulb.ac.be
More information through EDIRC
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.:
- Bryan Caplan, 2002. "Systematically Biased Beliefs About Economics: Robust Evidence of Judgemental Anomalies from the Survey of Americans and Economists on the Economy," Economic Journal, Royal Economic Society, vol. 112(479), pages 433-458, April.
- Cipriani, Giam Pietro & Lubian, Diego & Zago, Angelo, 2009. "Natural born economists?," Journal of Economic Psychology, Elsevier, vol. 30(3), pages 455-468, June.
- Frey, Bruno S. & Pommerehne, Werner W., 1993. "On the fairness of pricing -- An empirical survey among the general population," Journal of Economic Behavior & Organization, Elsevier, vol. 20(3), pages 295-307, April.
- Bruno Frey & Stephan Meier, 2003.
"Are political economists selfish and indoctrinated? Evidence from a natural experiment,"
Natural Field Experiments
00242, The Field Experiments Website.
- Bruno S. Frey & Stephan Meier, 2003. "Are Political Economists Selfish and Indoctrinated? Evidence from a Natural Experiment," Economic Inquiry, Western Economic Association International, vol. 41(3), pages 448-462, July.
- Anthony M. Yezer & Robert S. Goldfarb & Paul J. Poppen, 1996. "Does Studying Economics Discourage Cooperation? Watch What We Do, Not What We Say or How We Play," Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 177-186, Winter.
- Kirchgassner, Gebhard, 2005.
"(Why) are economists different?,"
European Journal of Political Economy,
Elsevier, vol. 21(3), pages 543-562, September.
- Gebhard Kirchgässner, 2005. "(Why) Are Economists Different?," CESifo Working Paper Series 1396, CESifo Group Munich.
- Gebhard Kirchgässner, 2004. "(Why) Are Economists Different?," University of St. Gallen Department of Economics working paper series 2004 2004-18, Department of Economics, University of St. Gallen.
- Haucap, Justus & Just, Tobias, 2003.
"Not Guilty? Another Look at the Nature and Nurture of Economics Students,"
8/2003, Helmut Schmidt University, Hamburg.
- Haucap, Justus & Just, Tobias, 2003. "Not guilty? Another look at the nature and nurture of economics students," Research Notes 10, Deutsche Bank Research.
- Kahneman, Daniel & Knetsch, Jack L & Thaler, Richard, 1986. "Fairness as a Constraint on Profit Seeking: Entitlements in the Market," American Economic Review, American Economic Association, vol. 76(4), pages 728-41, September.
- Frank, Bjorn & Schulze, Gunther G., 2000. "Does economics make citizens corrupt?," Journal of Economic Behavior & Organization, Elsevier, vol. 43(1), pages 101-113, September.
- Haferkamp, Alexandra & Fetchenhauer, Detlef & Belschak, Frank & Enste, Dominik, 2009. "Efficiency versus fairness: The evaluation of labor market policies by economists and laypeople," Journal of Economic Psychology, Elsevier, vol. 30(4), pages 527-539, August.
- John R. Carter & Michael D. Irons, 1991. "Are Economists Different, and If So, Why?," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 171-177, Spring.
- Frey, Bruno S, 1986. "Economists Favour the Price System--Who Else Does?," Kyklos, Wiley Blackwell, vol. 39(4), pages 537-63.
When requesting a correction, please mention this item's handle: RePEc:sol:wpaper:10-012. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Benoit Pauwels)
If references are entirely missing, you can add them using this form.