Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/40263 
Year of Publication: 
2003
Series/Report no.: 
Research Notes No. 10
Publisher: 
Deutsche Bank Research, Frankfurt a. M.
Abstract: 
Economists praise the efficiency of the price mechanism in allocating scarce resources. Others, however, often reject it as unfair. In this study, we investigate the extent to which economists also differ from non-economists in how they value the fairness of the price system, and examine how deeply such differences are rooted in their course of studies. The result: studying economics does in fact influence how they arrive at value judgements, though students' attitudes do not stem solely from this factor - their views already differ from those of non-economics students right at the beginning of their studies.
Subjects: 
Economists
fairness
learning
selection
attitudes
JEL: 
A12
A13
A20
D63
Document Type: 
Working Paper

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