Do Economists Make Bad Citizens?

Author:

Frank Robert H1,Gilovich Thomas D2,Regan Dennis T3

Affiliation:

1. Goldwin Smith Professor of Economics, Ethics, and Public Policy, Department of Economics, and Professor of Economics, Johnson Graduate School of Management, Cornell University, Ithaca, New York.

2. Professor of Psychology, Cornell University, Ithaca, New York.

3. Professor of Psychology, Associate Professor of Psychology, Cornell University, Ithaca, New York.

Abstract

Although field experiments and classroom surveys are ambiguous about whether economists are less likely than others to cooperate in social dilemmas, three important points remain clear: economics training encourages the view that people are motivated primarily by self-interest; there is clear evidence that this view leads people to expect others to defect in social dilemmas; and there is also evidence that, when people expect partners to defect, they are overwhelmingly likely to defect themselves. These points’ logical implications appear to place a heavy burden of proof on those who insist economics training does not inhibit cooperation.

Publisher

American Economic Association

Subject

Economics and Econometrics,Economics and Econometrics

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