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Why Are Economics Students More Selfish than the Rest?

Author

Listed:
  • Bauman, Yoram

    (University of Washington)

  • Rose, Elaina

    (University of Washington)

Abstract

A substantial body of research suggests that economists are less generous than other professionals and that economics students are less generous than other students. We address this question using administrative data on donations to social programs by students at the University of Washington. Our data set allows us to track student donations and economics training over time in order to distinguish selection effects from indoctrination effects. We find that economics majors are less likely to donate than other students and that there is an indoctrination effect for non-majors but not for majors. Women majors and non-majors are less likely to contribute than comparable men.

Suggested Citation

  • Bauman, Yoram & Rose, Elaina, 2009. "Why Are Economics Students More Selfish than the Rest?," IZA Discussion Papers 4625, Institute of Labor Economics (IZA).
  • Handle: RePEc:iza:izadps:dp4625
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    References listed on IDEAS

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    Cited by:

    1. Muñoz-Izquierdo, Nora & Gil-Gómez de Liaño, Beatriz & Rin-Sánchez, Francisco Daniel & Pascual-Ezama, David, 2014. "Economists: cheaters with altruistic instincts," MPRA Paper 60678, University Library of Munich, Germany.
    2. Leonardo Becchetti & Massimo Cermelli, 2018. "Civil economy: definition and strategies for sustainable well-living," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 65(3), pages 329-357, September.
    3. Zhengyi Zhou, 2013. "Impact of Economics Learning on Risk Preferences and Rationality: An Empirical Investigation," The American Economist, Sage Publications, vol. 58(1), pages 4-15, May.
    4. Sergiu BALAN & Lucia Ovidia VREJA, 2017. "Individualism Between Nature And Nurture. A Case Study On Romanian Business Students," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(1), pages 992-998, November.

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    More about this item

    Keywords

    altruism; public goods;

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers

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