We carried out a survey among a large group of undergraduate students of different disciplines to test whether the study of economics influences student's views on profit maximization and the market mechanism. We find that there are significant differences between economics students and the others, suggesting the presence of both a selection bias against the market system in non economics students and a treatment effect in economics students.
Natural Born Economists?
CIPRIANI, Giam Pietro;LUBIAN, Diego;ZAGO, Angelo
2009-01-01
Abstract
We carried out a survey among a large group of undergraduate students of different disciplines to test whether the study of economics influences student's views on profit maximization and the market mechanism. We find that there are significant differences between economics students and the others, suggesting the presence of both a selection bias against the market system in non economics students and a treatment effect in economics students.
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