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Identification problems in personality psychology
Borghans, Lex; Golsteyn, Bart; Heckman, James J.; … - 2011
This paper discusses and illustrates identification problems in personality psychology. The measures used by psychologists to infer traits are based on behaviors, broadly defined. These behaviors are produced from multiple traits interacting with incentives in situations. In general, measures...
Persistent link: https://www.econbiz.de/10009235083
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Two economists' musings on the stability of locus of control
Cobb-Clark, Deborah A.; Schurer, Stefanie - 2011
Empirical studies of the role of non-cognitive skills in driving economic behavior often rely heavily on the assumption that these skills are stable over the relevant time frame. We analyze the change in a specific non-cognitive skill, i.e. locus of control, in order to directly assess the...
Persistent link: https://www.econbiz.de/10009235516
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On the interpretation of non-cognitive skills : what is being measured and why it matters
Humphries, John Eric; Kosse, Fabian - 2016
Across academic sub-fields such as labor, education, and behavioral economics, the measurement and interpretation of non-cognitive skills varies widely. As a result, it is difficult to compare results on the importance of non-cognitive skills across literatures. Drawing from these literatures,...
Persistent link: https://www.econbiz.de/10011594151
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Overconfidence is a social signaling bias
Burks, Stephen V.; Carpenter, Jeffrey P.; Götte, Lorenz; … - 2010
Evidence from psychology and economics indicates that many individuals overestimate their ability, both absolutely and relatively. We test three different theories about observed relative overconfidence. The first theory notes that simple statistical comparisons (for example, whether the...
Persistent link: https://www.econbiz.de/10003944720
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Effect of perceptions and behaviour on access to and use of financial service : evidence from South Africa
Annim, Samuel Kobina; Arun, Thankom; Kostov, Philip - 2012
This study investigates the effect of financial perception and behaviour on; (a) general accounts and services, (b … three estimations support the hypothesis that financial perception has a greater effect on the decision to access and use … behaviour is greater than financial perception when making decisions on the take-up and use of investment financial services. It …
Persistent link: https://www.econbiz.de/10009675520
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Self-control and unhealthy body weight: the role of impulsivity and restraint
Cobb-Clark, Deborah A.; Dahmann, Sarah Christina; … - 2022
We examine the relationship between trait self-control and body weight. Data from a population representative household survey reveal that limited self-control is strongly associated with both objective and subjective measures of unhealthy body weight. Those with limited self-control are...
Persistent link: https://www.econbiz.de/10012804211
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Sophistication about self-control
Cobb-Clark, Deborah A.; Dahmann, Sarah Christina; … - 2021
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus naïve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012600894
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Locus of control, self-control, and health outcomes
Botha, Ferdi; Dahmann, Sarah Christina - 2022
We provide the first empirical evidence on the direct link between locus of control and self-control, and how they interact in explaining a range of health outcomes. Using rich Australian survey data, we find that, while the two traits are distinct constructs, a greater internal locus of control...
Persistent link: https://www.econbiz.de/10013209270
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Drinking is different! : examining the role of locus of control for alcohol consumption
Caliendo, Marco; Hennecke, Juliane - 2020
Unhealthy behavior can be extremely costly from a micro- and macroeconomic perspective and exploring the determinants of such behavior is highly important from an economist's point of view. We examine whether locus of control (LOC) can explain alcohol consumption as an important domain of health...
Persistent link: https://www.econbiz.de/10012226602
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Personality traits and household consumption choices
Mangiavacchi, Lucia; Piccoli, Luca; Rapallini, Chiara - 2018
In this paper, we test whether consumption choices are affected by personality traits and whether this impact is different for singles and individuals living in couples. To fulfill this aim, we test the impact of personality on preferences for different commodities using the German...
Persistent link: https://www.econbiz.de/10011925278