We present subjects with an incentivized standard portfolio problem where the risky asset has a negative expected return. Individuals scoring high in the three dark triad personality traits Machiavellianism, narcissism, and psychopathy invest approximately 20% more into the risky asset. Out of...

We present the first comprehensive evidence on the role of cognitive ability and personality traits in the selection of electoral candidates and election of politicians. Using unique data that combine population registers and election statistics from local government elections in Finland with...

Child skills are shaped by parental investments. Health shocks to parents can affect these investments and their children's skills. This paper estimates causal effects of severe parental health shocks on child socio-emotional skills. Drawing on a large-scale survey linked to hospital records, we...