Does Studying Economics Inhibit Cooperation?
- 1 May 1993
- journal article
- Published by American Economic Association in Journal of Economic Perspectives
- Vol. 7 (2) , 159-171
- https://doi.org/10.1257/jep.7.2.159
Abstract
In this paper we investigate whether exposure to the self-interest model commonly used in economics alters the extent to which people behave in self-interested ways. First, we report the results of several empirical studies—some our own, some by others—that suggest economists behave in more self-interested ways. By itself, this evidence does not demonstrate that exposure to the self-interest model causes more self-interested behavior, since it may be that economists were simply more self-interested to begin with, and this difference was one reason they chose to study economics. Second, we present preliminary evidence that exposure to the self-interest model does in fact encourage self-interested behavior.Keywords
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