Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/57652 
Full metadata record
Appears in Collections:
DC FieldValueLanguage
dc.contributor.authorBecker, Ankeen
dc.contributor.authorDeckers, Thomasen
dc.contributor.authorDohmen,Thomasen
dc.contributor.authorFalk, Arminen
dc.contributor.authorKosse, Fabianen
dc.date.accessioned2012-04-19-
dc.date.accessioned2012-04-27T10:44:33Z-
dc.date.available2012-04-27T10:44:33Z-
dc.date.issued2012-
dc.identifier.urihttp://hdl.handle.net/10419/57652-
dc.description.abstractAlthough both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality - such as the Big Five and locus of control - are related. We analyze data from incentivized laboratory experiments and representative samples and find only low degrees of association between economic preferences and personality. We then regress life outcomes - such as labor market success, health status and life satisfaction - simultaneously on preference and personality measures. The analysis reveals that the two concepts are rather complementary when it comes to explaining heterogeneity in important life outcomes and behavior.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3785en
dc.subject.jelC91en
dc.subject.jelD01en
dc.subject.jelD80en
dc.subject.jelD90en
dc.subject.jelI00en
dc.subject.jelJ30en
dc.subject.jelJ62en
dc.subject.ddc330en
dc.subject.keywordrisk preferenceen
dc.subject.keywordtime preferenceen
dc.subject.keywordsocial preferencesen
dc.subject.keywordlocus of controlen
dc.subject.keywordBig Fiveen
dc.titleThe relationship between economic preferences and psychological personality measures-
dc.typeWorking Paperen
dc.identifier.ppn690250258en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
490.73 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.