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The Perception of Lethal Risks: Evidence from a Laboratory Experiment
Schubert, Manuel; Brück, Tilman - Institute for the Study of Labor (IZA) - 2014
We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk reduction. Subjects play a series of loss lotteries in which the odds are matched to the likelihood of lethal events in real life. For each risk, subjects can pay premiums in...
Persistent link: https://www.econbiz.de/10010959599
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Locus of Control and Investment in Risky Assets
Salamanca, Nicolas; de Grip, Andries; Fouarge, Didier; … - 2016
possible confounders such as financial literacy, overconfidence, optimism, trust, and other personality traits. We argue that …
Persistent link: https://www.econbiz.de/10011653135
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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/10012269951
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Socially Optimal Mistakes? Debiasing COVID-19 Mortality Risk Perceptions and Prosocial Behavior
Abel, Martin; Byker, Tanya; Carpenter, Jeffrey P. - 2020
The perception of risk affects how people behave during crises. We conduct a series of experiments to explore how people form COVID-19 mortality risk beliefs and the implications for prosocial behavior. We first document that people overestimate their own risk and that of young people, while...
Persistent link: https://www.econbiz.de/10012270238
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The Perception of Lethal Risks: Evidence from a Laboratory Experiment
Schubert, Manuel; Brück, Tilman - 2014
We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk reduction. Subjects play a series of loss lotteries in which the odds are matched to the likelihood of lethal events in real life. For each risk, subjects can pay premiums in...
Persistent link: https://www.econbiz.de/10010435266
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Personality Characteristics and the Decision to Become and Stay Self-Employed
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2011
This paper systematically investigates whether different kinds of personality characteristics influence entrepreneurial … and further personality characteristics, which are more specifically related to entrepreneurial tasks, influence entry …
Persistent link: https://www.econbiz.de/10008868132
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Identification Problems in Personality Psychology
Borghans, Lex; Golsteyn, Bart; Heckman, James J.; … - Institute for the Study of Labor (IZA) - 2011
This paper discusses and illustrates identification problems in personality psychology. The measures used by … explained by personality variables. …
Persistent link: https://www.econbiz.de/10008922967
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Managerial Valuation of Applicant Credentials and Personal Traits in Hiring Decisions
Jones, James R.; Co, Catherine Y.; Harter, James K.; … - Institute for the Study of Labor (IZA) - 2011
We study how managers value applicant credentials and personal traits in hiring decisions. Using the ordered probit model, we confirm previous results – managers rank applicant traits higher than credentials. However, we also uncover patterns not previously observed – managerial valuations...
Persistent link: https://www.econbiz.de/10009003947
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The College Type: Personality and Educational Inequality
Lundberg, Shelly - Institute for the Study of Labor (IZA) - 2013
I examine the effects of cognitive ability and personality traits on college graduation in a recent cohort of young … background groups in the personality traits that predict successful completion of college, particularly for men. The implications …
Persistent link: https://www.econbiz.de/10010814466
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Do NEETs Need Grit?
Mendolia, Silvia; Walker, Ian - Institute for the Study of Labor (IZA) - 2014
This paper investigates the relationship between personality traits in adolescence and education and labour market … show that personality traits do affect education and employment choices. We test the robustness of our results using the … and observables that determine the outcomes and the unobservables that influence personality. …
Persistent link: https://www.econbiz.de/10011106162