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Why are economists so different? Nature, nurture, and gender effects in a simple trust game

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  • Haucap, Justus
  • Müller, Andrea

Abstract

We analyze the behavior of 577 economics and law students in a simple binary trust experiment. While economists are both significantly less trusting and less trustworthy than law students, this difference is largely due to differences between female law and economics students. While female law students are already different in nature (during the first term of study) from female economists, the gap between them also widens more drastically over the course of their study compared to their male counterparts. This finding is rather critical as the detailed composition of students is typically neglected in most experiments.

Suggested Citation

  • Haucap, Justus & Müller, Andrea, 2014. "Why are economists so different? Nature, nurture, and gender effects in a simple trust game," DICE Discussion Papers 136, University of Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
  • Handle: RePEc:zbw:dicedp:136
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    References listed on IDEAS

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    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Ökonomen sind anders, vor allem die Frauen
      by Patrick Bernau in Fazit on 2014-04-02 13:10:00

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    1. repec:sgh:gosnar:y:2017:i:6:p:57-77 is not listed on IDEAS
    2. Banerjee, Ritwik & Mitra, Arnab, 2017. "On Monetary and Non-Monetary Interventions to Combat Corruption," IZA Discussion Papers 10608, Institute for the Study of Labor (IZA).

    More about this item

    Keywords

    Gender Effects; Trust Game; Economists; Nature; Nurture;

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior

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