Arbeitspapier

Does economics make you selfish?

It is widely held that studying economics makes you more selfish and politically conservative. We use a difference-in-differences strategy to disentangle the causal impact of economics education from selection effects. We estimate the effect of four different intermediate microeconomics courses on students' experimentally elicited social preferences and beliefs about others, and policy opinions. We find no discernible effect of studying economics (whatever the course content) on self-interest or beliefs about others' self-interest. Results on policy preferences also point to little effect, except that economics may make students somewhat less opposed to highly restrictive immigration policies.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2021-07

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Girardi, Daniele
Mamunuru, Sai Madhurika
Halliday, Simon D.
Bowles, Samuel
Event
Veröffentlichung
(who)
University of Massachusetts, Department of Economics
(where)
Amherst, MA
(when)
2021

DOI
doi:10.7275/22461478
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Girardi, Daniele
  • Mamunuru, Sai Madhurika
  • Halliday, Simon D.
  • Bowles, Samuel
  • University of Massachusetts, Department of Economics

Time of origin

  • 2021

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