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Personality Preferences in Laboratory Economics Experiments

Author

Listed:
  • Kurtis J. Swope

    () (Department of Economics, U. S. Naval Academy)

  • John Cadigan

    () (Department of Public Administration, American University)

  • Pamela M. Schmitt

    (Department of Economics, U. S. Naval Academy)

  • Robert S. Shupp

    () (Department of Economics, Ball State University)

Abstract

Student volunteers at the U.S. Naval Academy (USNA) participated in one of the following oneshot 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

  • Kurtis J. Swope & John Cadigan & Pamela M. Schmitt & Robert S. Shupp, 2005. "Personality Preferences in Laboratory Economics Experiments," Working Papers 200507, Ball State University, Department of Economics, revised Jul 2005.
  • Handle: RePEc:bsu:wpaper:200507
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Experiments; preferences; personality;
    All these keywords.

    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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