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Cognitive Ability, Character Skills, and Learning to Play Equilibrium: A Level-k Analysis

Gill, David; Prowse, Victoria L. - Institute for the Study of Labor (IZA) - 2014

In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...

Persistent link: https://www.econbiz.de/10010886141

Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner's Dilemma

Proto, Eugenio; Rustichini, Aldo; Sofianos, Andis - Institute for the Study of Labor (IZA) - 2014

Intelligence affects social outcomes of groups. A systematic study of the link is provided in an experiment where two … groups of subjects with different levels of intelligence, but otherwise similar, play a repeated prisoner's dilemma. The … initial cooperation rates are similar, it increases in the groups with higher intelligence to reach almost full cooperation …

Persistent link: https://www.econbiz.de/10010959526

Self-Productivity and Complementarities in Human Development: Evidence from the Mannheim Study of Children at Risk

Blomeyer, Dorothea; Coneus, Katja; Laucht, Manfred; … - Institute for the Study of Labor (IZA) - 2008

This paper investigates the role of self-productivity and home resources in capability formation from infancy to adolescence. In addition, we study the complementarities between basic cognitive, motor and noncognitive abilities and social as well as academic achievement. Our data are taken from...

Persistent link: https://www.econbiz.de/10005703341

Early Life Adversity and Children's Competence Development: Evidence from the Mannheim Study of Children at Risk

Blomeyer, Dorothea; Coneus, Katja; Laucht, Manfred; … - Institute for the Study of Labor (IZA) - 2013

This paper investigates the role of early life adversity and home resources in terms of competence formation and school achievement based on data from an epidemiological cohort study following 364 children from birth to adolescence. Results indicate that organic and psychosocial risks present in...

Persistent link: https://www.econbiz.de/10010627839

If You Are So Smart, Why Aren't You an Entrepreneur? Returns to Cognitive and Social Ability: Entrepreneurs versus Employees

Hartog, Joop; van Praag, Mirjam; van der Sluis, Justin - Institute for the Study of Labor (IZA) - 2008

How valuable are cognitive and social abilities for entrepreneurs’ incomes as compared to employees? We answer three questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2) Do different cognitive abilities (e.g. math...

Persistent link: https://www.econbiz.de/10005566530

Age-Dependent Skill Formation and Returns to Education: Simulation Based Evidence

Pfeiffer, Friedhelm; Reuß, Karsten - Institute for the Study of Labor (IZA) - 2007

This study integrates findings from neurobiology and psychology on early childhood development and self-regulation to assess returns to education. Our framework for evaluating the distribution of age-specific returns to investments in cognitive and noncognitive skills is a lifecycle simulation...

Persistent link: https://www.econbiz.de/10005566740

Cognitive Ability and Paternalism

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2002

sufficient intelligence by people with limited intelligence may dominate government regulation. …

Persistent link: https://www.econbiz.de/10005761789

Initial Risk Matrix, Home Resources, Ability Development and Children's Achievement

Blomeyer, Dorothea; Coneus, Katja; Laucht, Manfred; … - Institute for the Study of Labor (IZA) - 2008

This paper investigates the role of self-productivity and home resources in ability formation from infancy to adolescence. In addition, we study the complementarities between basic cognitive, motor and noncognitive abilities and social as well as academic achievement. Our data are taken from the...

Persistent link: https://www.econbiz.de/10005761911

Affect as a Source of Motivation in the Workplace: A New Model of Labor Supply, and New Field Evidence on Income Targeting and the Goal Gradient

Goette, Lorenz; Huffman, David - Institute for the Study of Labor (IZA) - 2005

In this chapter we propose a new, dual-process model of labor supply, which incorporates both cognitive and affective aspects of decision-making. Consistent with evidence from neuroscience, the worker may experience conflicting cognitive and affective motivations during the workday. In...

Persistent link: https://www.econbiz.de/10005763926

Other-Regarding Preferences and Leadership Styles

Kocher, Martin G.; Pogrebna, Ganna; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2009

We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team leaders influence their leadership style in choice under risk. We find that leaders who prefer efficiency or report high levels of selfishness are more likely to exercise an autocratic...

Persistent link: https://www.econbiz.de/10005703650

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