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Personality preferences in laboratory economics experiments

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  • Swope, Kurtis J.
  • Cadigan, John
  • Schmitt, Pamela M.
  • Shupp, Robert

Abstract

Student volunteers at the U.S. Naval Academy (USNA) participated in one of the following one-shot games: a dictator game, an ultimatum game, a trust game, or a prisoner's dilemma game. We find limited support for the importance of personality type for explaining subjects' decisions. With controls for personality preferences, we find little evidence of behavioral differences between males and females. Furthermore, we conclude that seniority breeds feelings of entitlement--seniors at USNA generally exhibited the least cooperative or other-regarding behavior.

Suggested Citation

  • Swope, Kurtis J. & Cadigan, John & Schmitt, Pamela M. & Shupp, Robert, 2008. "Personality preferences in laboratory economics experiments," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 998-1009, June.
    • Handle: RePEc:eee:soceco:v:37:y:2008:i:3:p:998-1009
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    More about this item

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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