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The Economics and Psychology of Personality Traits

Author

Listed:
  • Lex Borghans

    (Maastrict University)

  • Angela Lee Duckworth

    (University of Pennsylvania)

  • James J. Heckman

    (University of Chicago, Chicago, Illinois 60637, USA; American Bar Foundation, Chicago, Illinois; Geary Institute, University College Dublin, Ireland)

  • Bas ter Weel

    (Department of International Economics with the CPB Netherlands Bureau for Economic Policy Research)

Abstract

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.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Lex Borghans & Angela Lee Duckworth & James J. Heckman & Bas ter Weel, 2008. "The Economics and Psychology of Personality Traits," Working Papers 200827, Geary Institute, University College Dublin.
  • Handle: RePEc:ucd:wpaper:200827
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    File URL: https://geary.ucd.ie/workingpapers/workingpapers/gearywp200827.pdf
    File Function: First version, 2008
    Download Restriction: no
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    More about this item

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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