The Economics and Psychology of Personality Traits
Lex BorghansIowa State University, Brown University, University College Dublin, and Washington State UniversityAngela DuckworthDepartment of International Economics CPB Netherlands Bureau for Economic Policy Analysis P.O.Box 80510 2508 GM Den Haag The NetherlandsJames J. HeckmanDepartment of International Economics CPB Netherlands Bureau for Economic Policy Analysis P.O.Box 80510 2508 GM Den Haag The NetherlandsBas ter WeelUniversity of Chicago (Applications Workshop),
2008en
ABI
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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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