In this paper, we examine students' attitudes towards various allocation mechanisms for a scarce resource. For this … addition, fewer advanced economics students judge allocation through the local community as fair when compared to first …-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 …