The Economics and Psychology of Personality Traits
Lex Borghans, Angela Lee Duckworth, James J. Heckman, Bas ter Weel
published in: Journal of Human Resources, 2008, 43 (4), 972-1059
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.
Text: See Discussion Paper No. 3333