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Personality and Positionality

Author

Listed:
  • Akay, Alpaslan

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

Abstract

This paper employs survey experiments to examine the relationship between personality characteristics and positional concerns across a wide range of “goods,” e.g., income and market value of a car, and “bads,” e.g., infant mortality and poverty rates. Personality characteristics are measured using the five-factor model (Big-5), the locus of control, and the reciprocity. We demonstrate that there are significant relationships between personality types and positional concerns, which differ both by the type of personality and by the nature of a good. The results are highly consistent with the predictions presented in the field of personality psychology. That is, while agreeableness is negatively associated, conscientiousness, neuroticism, and external locus of control are positively associated with positional concerns for most goods. Importantly, there is also a substantial heterogeneity in the mean degree of positional concerns across the low and high values of most personality characteristics and goods.

Suggested Citation

  • Akay, Alpaslan, 2019. "Personality and Positionality," Working Papers in Economics 753, University of Gothenburg, Department of Economics.
    • Handle: RePEc:hhs:gunwpe:0753
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    File URL: http://hdl.handle.net/2077/59610
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    Cited by:

    1. Martín Leites & Gonzalo Salas & Andrea Vigorito, 2019. "Bienes visibles, rasgos de personalidad y preferencias por estatus," Documentos de Trabajo (working papers) 19-19, Instituto de Economía - IECON.

    More about this item

    Keywords

    Personality Characteristics; Survey Experiments; Positional Concerns;
    All these keywords.

    JEL classification:

    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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