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Not guilty? Another look at the nature and nurture of economics students

Justus Haucap and Tobias Just

No 10, Research Notes from Deutsche Bank Research

Abstract: Economists 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.

Keywords: Economists; fairness; learning; selection; attitudes (search for similar items in EconPapers)
JEL-codes: A12 A13 A20 D63 (search for similar items in EconPapers)
Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (24)

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