Studying Economics Makes You More Selfish?
Revista de Ciencias Empresariales y Economía, 2010, Edición IX: 29-35.
7 Pages Posted: 6 Jun 2012 Last revised: 8 Jun 2012
Date Written: June 6, 2012
In this paper we face students of different majors at Universidad de Montevideo to a hypothetical situation in which, as a vice-president of a firm, they have to take a decision that involves a trade-off between economic profits and number of employees to fire. The paper replicates part of the survey conducted by Rubinstein (2006). Our results do not allow us to reject the hypothesis that the students that choose to study economics are more profit-oriented before entering college, against the alternative of “indoctrination”, by which a larger number of students would choose to maximize profits after being exposed to economic theory.
Note: Downloadable document is in Spanish.
Keywords: Selfishness, experiments, indoctrination
JEL Classification: A20, C93
Suggested Citation: Suggested Citation