An observed discrepancy in the behaviour of Economics students and non-Economics ones in game theoretical experiments indicates that the former are more selfish. The prevalent explanation for this is that they are ‘born
economists’ and thus self-select themselves into the discipline. This belief is supported
by the observation that Econ-students already differ from non-Econ ones at the very
beginning of the their training. We argue that the difference can also be explained by
second-order expectations afforded by the economist’s stereotype and by the adherence
to such stereotype.
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