New Paper: 'The Economics and Psychology of Personality Traits'

Lex Borghans, Angela Lee Duckworth, James J. Heckman and Bas ter Weel are forthcoming in the Journal of Human Resources, 2008, 43 (4) with the paper that Heckman presented in Geary on the 2nd November last year: “Economics and Psychology of Personality”.

'The Economics and Psychology of Personality Traits' is now available as an IZA working paper; the abstract is below:

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.