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Most professional economists believe that economists in general are more selfish than other persons and that this greater selfishness is due to economics education. This paper offers empirical evidence against this widely held belief. Using a unique data set about giving behavior in connection...
Persistent link: https://www.econbiz.de/10011398894
The question of whether lawyers and managers behave selfishly or fairly has inspired discussion for a long time. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we investigate this question empirically and provide first...
Persistent link: https://www.econbiz.de/10011299882
Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...
Persistent link: https://www.econbiz.de/10014531967
Most professional economists believe that economists in general are more selfish than other persons and that this greater selfishness is due to economic education. In this paper we offer empirical evidence against this widely held belief. Using a unique data set about donating to two social...
Persistent link: https://www.econbiz.de/10013321175
Many people believe that economists in general are more selfish than other people and that this greater selfishness is due to economics education. This paper offers empirical evidence against this widely held belief. Using a unique data set on giving behaviour in connection with two social funds...
Persistent link: https://www.econbiz.de/10014034162
Rational Choice Theory is often criticized to indoctrinate students in a negative, which is supported by some laboratory experiments. But do students of Rational Choice Theory really behave more selfishly? This paper presents evidence from a natural decision on voluntary donation at the...
Persistent link: https://www.econbiz.de/10014034163
We conduct a randomized field experiment to study the effects of two financial education interventions offered to small-scale retailers in Uganda. The treatments contrast "active learning" with "traditional lecturing" within standardized lesson-plans. We find that active learning has a positive...
Persistent link: https://www.econbiz.de/10011975912
This project creates a collaborative learning framework that promotes a deep approach to learning. In spring 2002, we applied our framework to one section of intermediate macroeconomics, while we taught another section using a traditional lecture format. Unlike previous research, we incorporated...
Persistent link: https://www.econbiz.de/10014069074
The sunk cost fallacy is typically covered in introductory economics courses. It is among the most important biases that influence decision making. Ronayne et al. (2021a,b) find evidence of behavior consistent with the sunk cost effect and utilize eight questions that measure individuals'...
Persistent link: https://www.econbiz.de/10015190185
Analogies can simplify complex new material by relating it to ideas students already know. Making cross-disciplinary connections also makes the material more engaging, accessible and memorable. In this study, we perform a controlled empirical test to examine whether providing cross-discipline...
Persistent link: https://www.econbiz.de/10015411580