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The Economics and Psychology of Personality Traits

  • Borghans, Lex

    ()

    (Maastricht University)

  • Duckworth, Angela Lee

    ()

    (University of Pennsylvania)

  • Heckman, James J.

    ()

    (University of Chicago)

  • ter Weel, Bas

    ()

    (SEO Amsterdam)

This paper explores the interface between personality psychology and economics. We examine the predictive power of personality and the stability of personality traits over the life cycle. We develop simple analytical frameworks for interpreting the evidence in personality psychology and suggest promising avenues for future research.

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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 3333.

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Length: 166 pages
Date of creation: Feb 2008
Publication status: published in: Journal of Human Resources, 2008, 43 (4), 972-1059
Handle: RePEc:iza:izadps:dp3333
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