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 …

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 …

In this paper, we examine students' attitudes towards various allocation mechanisms for a scarce resource. For this …-year economists or other students. These results stand in contrast to results obtained by Frey, Pommerehne and Gygi (1993) on exactly …

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 …

In this study, it was found that economists were sensitive to different commodities based on their attitudes in terms … of fairness toward the price mechanism, whereas non-economists did not exhibit significant sensitivity. This sensitivity … was so strong that no self-selection effect could be found in economists in the case of a survey of a basic commodity …

offers for the differences found in the behavior between economists and non-economists are: (i) the selection effect, and (ii …

makes business students more selfish: candidates seem to undergo a self-selection process before they begin their studies. …

offers for the differences found in the behavior between economists and non-economists are: (i) the selection effect, and (ii …

In this study, it was found that economists were sensitive to different commodities based on their attitudes in terms … of fairness toward the price mechanism, whereas non-economists did not exhibit significant sensitivity. This sensitivity … was so strong that no self-selection effect could be found in economists in the case of a survey of a basic commodity …