The games economists play: Why economics students behave more selfishly than others

The games economists play: Why economics students behave more selfishly than others

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The games economists play: Why economics students behave more selfishly than others

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Title The games economists play: Why economics students behave more selfishly than others
URI http://doi.org/10.7802/1327
Primary Researcher Gerlach, Philipp;Max-Planck-Institute for Human Development
Publication Year 2016
Availability Freier Zugang (ohne Registrierung)
Contributor Gerlach, Philipp;Max-Planck-Institute for Human Development;Contact Person
Subject Area Psychology
Topic Classification University, Research, the Sciences
Abstract Do economics students behave more selfishly than other students? Experimental game studies suggest so. This article investigates whether economics students’ more selfish behavior is attributable to them being less concerned with fairness, having a different notion of fairness, or being more skeptical about other players’ behavior. Students from various disciplines played a third-party punishment game and commented on the reasons for their choices. Economics students were about equally likely to mention fairness in their comments and had a similar notion of what was fair in the game; however, they expected lower offers, made lower offers, and were less likely to pay to veto low offers. The economics students’ lower expectations mediated their decisions, suggesting that they behaved more selfishly because they expected others to make more selfish decisions.
Geographical Area United Kingdom / GB
Survey Period 2012-02-01;2012-03-31

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