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Intelligence quotient (IQ), grades, and scores on achievement tests are widely used as measures of cognition, yet the … correlations among them are far from perfect. This paper uses a variety of data sets to show that personality and IQ predict grades … than IQ of a variety of important life outcomes. Both grades and achievement tests are substantially better predictors of …
Persistent link: https://www.econbiz.de/10011580913
This paper reviews the recent literature on measuring and boosting cognitive and noncognitive skills. The literature establishes that achievement tests do not adequately capture character skills – personality traits, goals, motivations, and preferences that are valued in the labor market, in...
Persistent link: https://www.econbiz.de/10010221678
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/10010364492
intelligence: higher-IQ entrepreneurs are less likely to follow their fathers. Third, an entrepreneur that starts a firm in the …
Persistent link: https://www.econbiz.de/10011796102
This paper investigates the association between personality traits and charitable behaviour, namely donations of time and money, using data from Understanding Society, the most recent large scale UK household longitudinal survey. Due to the censored nature of the outcome variables, i.e. some...
Persistent link: https://www.econbiz.de/10011317623
We explore the individual and joint explanatory power of concepts from economics, psychology, and criminology for criminal behavior. More precisely, we consider risk and time preferences, personality traits from psychology (Big Five and locus of control), and a self-control scale from...
Persistent link: https://www.econbiz.de/10010235856
While survey data supports a strong relationship between personality and labor market outcomes, the exact mechanisms behind this association remain unexplored. In this paper, we take advantage of a controlled laboratory set-up to test whether this relationship operates through productivity, and...
Persistent link: https://www.econbiz.de/10010379928
We use personality traits to better understand the relationship between income and life satisfaction. Personality traits mediate the effect of income on life satisfaction. The effect of neuroticism, which measures sensitivity to threat and punishment, is strong in both the British Household...
Persistent link: https://www.econbiz.de/10010479011
This paper reviews several traditions in economic research on preferences as well as research on personality traits in personality psychology and lists challenges in both fields. We discuss challenges regarding the measurement of preferences and personality traits, challenges regarding the...
Persistent link: https://www.econbiz.de/10011613136
We use data from a gender-neutral dictator and public goods game setting to analyze differences in other-regarding preferences between boys and girls aged 10 to 17. The results indicate a higher mean of dictator giving, degree of egalitarian decisions and lower frequency of selfish decisions,...
Persistent link: https://www.econbiz.de/10011732376