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

See all articles by Marcelo Caffera

Marcelo Caffera

University of Montevideo

Leandro Zipitria

dECON - FCS - UdelaR

Lucila Arboleya

University of Montevideo - Department of Economics

Date Written: June 6, 2012

Abstract

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

Caffera, Marcelo and Zipitria, Leandro and Arboleya, Lucila, Studying Economics Makes You More Selfish? (June 6, 2012). Revista de Ciencias Empresariales y Economía, 2010, Edición IX: 29-35.. Available at SSRN: https://ssrn.com/abstract=2078988

Marcelo Caffera

University of Montevideo ( email )

Prudencio de Pena 2440
Montevideo, CP 11600
Uruguay
+59827074461 (Phone)

Leandro Zipitria (Contact Author)

dECON - FCS - UdelaR ( email )

Constituyente 1502
Montevideo, CP 11620
Uruguay

Lucila Arboleya

University of Montevideo - Department of Economics ( email )

Prudencio de Pena 2440
Montevideo, CP 11600
Uruguay

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