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There is an increasing economic literature considering personality. This paper provides an overview on the role of …. Based on the relevant literature from different disciplines, the common psychometric measures used to assess personality are … discussed. A recently proposed theoretical framework of human capital production takes personality explicitly into account. It …
Persistent link: https://www.econbiz.de/10010299499
There is an increasing economic literature considering personality traits as a source of individual differences in … disciplines, the common psychometric measures used to assess personality are discussed and critical assumptions for their … application are highlighted. We sketch current research that aims at incorporating personality traits into economic models of …
Persistent link: https://www.econbiz.de/10010307839
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10010469057
This paper reviews recent developments in nonparametric identification of measurement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10013029599
A previous literature cautions that paying workers for performance might crowd out non-monetary motives to work hard. Empirical evidence from the field, however, has been based on between-subjects designs that are best suited for detecting crowding out due to low-powered incentives. High-powered...
Persistent link: https://www.econbiz.de/10011946785
inquire into the agents' preferences and to explain how they relate to the human genetic endowment and how they change over …
Persistent link: https://www.econbiz.de/10010286736
of evolving consumer preferences that is molded in an evolutionary paradigm. The theory allows to better assess how …
Persistent link: https://www.econbiz.de/10010286752
We consider a decision maker who enjoys choosing from a varied set of alternatives. Building on behavioral evidence, we propose testable axioms which characterize preference for variety, and provide a representation theorem. We go on to illustrate the potential effects of preference for variety...
Persistent link: https://www.econbiz.de/10010322612
Growing interest in using personality variables in economic research leads to the question whether personality as … measured by psychology is useful to predict economic behavior. Is it reasonable to expect values on personality scales to be … predictive of behavior in economic games? It is undoubted that personality can influence large-scale economic outcomes. Whether …
Persistent link: https://www.econbiz.de/10010326411
This paper discusses and illustrates identification problems in personality psychology. The measures used by … explained by personality variables. …
Persistent link: https://www.econbiz.de/10010278574