Some Contributions of Economics to the Study of Personality

Some Contributions of Economics to the Study of Personality

Author: James Joseph Heckman

Publisher:

Published: 2019

Total Pages: 76

ISBN-13:

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This paper synthesizes recent research in economics and psychology on the measurement and empirical importance of personality skills and preferences. They predict and cause important life outcomes such as wages, health, and longevity. Skills develop over the life cycle and can be enhanced by education, parenting, and environmental influences to different degrees at different ages. Economic analysis clarifies psychological studies by establishing that personality is measured by performance on tasks which depends on incentives and multiple skills. Identification of any single skill therefore requires isolation of confounding factors, accounting for measurement error using rich data and application of appropriate statistical techniques. Skills can be inferred not only by questionnaires and experiments but also from observed behavior. Economists advance the analysis of human differences by providing anchored measures of economic preferences and studying their links to personality and cognitive skills. Connecting the research from the two disciplines promotes understanding of the number and nature of skills and preferences required to characterize essential differences.


Some Contributions of Economics to the Study of Personality

Some Contributions of Economics to the Study of Personality

Author: James Joseph Heckman

Publisher:

Published: 2019

Total Pages: 0

ISBN-13:

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This paper synthesizes recent research in economics and psychology on the measurement and empirical importance of personality skills and preferences. They predict and cause important life outcomes such as wages, health, and longevity. Skills develop over the life cycle and can be enhanced by education, parenting, and environmental influences to different degrees at different ages. Economic analysis clarifies psychological studies by establishing that personality is measured by performance on tasks which depends on incentives and multiple skills. Identification of any single skill therefore requires isolation of confounding factors, accounting for measurement error using rich data and application of appropriate statistical techniques. Skills can be inferred not only by questionnaires and experiments but also from observed behavior. Economists advance the analysis of human differences by providing anchored measures of economic preferences and studying their links to personality and cognitive skills. Connecting the research from the two disciplines promotes understanding of the number and nature of skills and preferences required to characterize essential differences.


Personality and Cognition in Economic Decision Making

Personality and Cognition in Economic Decision Making

Author: Aurora GarcĂ­a-Gallego

Publisher: Frontiers Media SA

Published: 2017-08-22

Total Pages: 234

ISBN-13: 2889452360

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Psychologists studying cognitive processes and personality have increasingly benefited from the wealth of theory, methodology, and decision making paradigms used in economics and game theory. Similarly, for the economists, personality traits and basic cognitive processes offer a set of coherent explanatory constructs in economic behavior. Given the debate on preference invariance and behavioral consistency across contexts and domains, the papers in this topic shed light on the existence and effect of stable sets of idiosyncratic features on economic decision-making. While the effects of personality and cognition on economic decisions remain under-explored, the papers contributed in this topic offer more than a stimulus for further research. The general message could be that personality and cognitive processes offer the stable idiosyncratic ground on which individual decisions are made.


Handbook of Personality

Handbook of Personality

Author: Oliver P. John

Publisher: Guilford Publications

Published: 2021-01-26

Total Pages: 1440

ISBN-13: 1462544991

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Now in a revised and expanded fourth edition, this definitive reference and text has more than 50% new material, reflecting a decade of theoretical and empirical advances. Prominent researchers describe major theories and review cutting-edge findings. The volume explores how personality emerges from and interacts with biological, developmental, cognitive, affective, and social processes, and the implications for well-being and health. Innovative research programs and methods are presented throughout. The concluding section showcases emerging issues and new directions in the field. New to This Edition *Expanded coverage of personality development, with chapters on the overall life course, middle childhood, adolescence, and early adulthood. *Three new chapters on affective processes, plus chapters on neurobiology, achievement motivation, cognitive approaches, narcissism, and other new topics. *Section on cutting-edge issues: personality interventions, personality manifestations in everyday life, geographical variation in personality, self-knowledge, and the links between personality and economics. *Added breadth and accessibility--42 more concise chapters, compared to 32 in the prior edition.


Inside the Mind of the Entrepreneur

Inside the Mind of the Entrepreneur

Author: Ana Tur Porcar

Publisher: Springer

Published: 2017-09-15

Total Pages: 230

ISBN-13: 3319624555

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This book connects entrepreneurship and psychology research by focusing on the personality dimensions of entrepreneurs, entrepreneurial cognition, entrepreneurial leadership, and gender behavior. It features state of the art interdisciplinary research offering a unified perspective on entrepreneurial psychology. Individual chapters address advances related to entrepreneurial intentions, complexity management, personality psychology, intrapreneurial behavior, entrepreneurial communities and demographic changes, among others. Laboratory experiments that study entrepreneurial behavior round out the coverage.


Handbook of Personality Psychology

Handbook of Personality Psychology

Author: Robert Hogan

Publisher: Academic Press

Published: 1997-06-12

Total Pages: 1012

ISBN-13: 0080533175

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The most comprehensive single volume ever published on the subject, the Handbook of Personality Psychology is the end-all, must-have reference work for personality psychologists. This handbook discusses the development and measurement of personality as well as biological and social determinants, dynamic personality processes, the personality's relation to the self, and personality in relation to applied psychology. Authored by the field's most respected researchers, each chapter provides a concise summary of the subject to date. Topics include such areas as individual differences, stability of personality, evolutionary foundations of personality, cross-cultural perspectives, emotion, psychological defenses, and the connection between personality and health. Intended for an advanced audience, the Handbook of Personality Psychology will be your foremost resource in this diverse field. Chapter topics include:* Nature of personality psychology* Conceptual and measurement issues in personality* Developmental issues* Biological determinants of personality* Social determinants of personality* Dynamic personality processes* Personality and the self* The Five Factor Model* Applied psychology


The Psychology of Economic Decisions

The Psychology of Economic Decisions

Author: Isabelle Brocas

Publisher: Oxford University Press, USA

Published: 2003

Total Pages: 259

ISBN-13: 0199257221

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This volume brings together contributions to the burgeoning research area of behavioral economics from a number of well-known international scholars in the field. Topics covered include 'irrational' conducts; imperfect self-knowledge; imperfect memory; time and utility; and experimental practices in psychology, economics, and finance. This book will provide a point of entry to anyone wishing to discover what the intellectual terrain between economics and psychology looks like.


Personality Psychology and Economics

Personality Psychology and Economics

Author: Mathilde Almlund

Publisher:

Published: 2011

Total Pages: 0

ISBN-13:

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This paper explores the power of personality traits both as predictors and as causes of academic and economic success, health, and criminal activity. Measured personality is interpreted as a construct derived from an economic model of preferences, constraints, and information. Evidence is reviewed about the "situational specificity" of personality traits and preferences. An extreme version of the situationist view claims that there are no stable personality traits or preference parameters that persons carry across different situations. Those who hold this view claim that personality psychology has little relevance for economics. The biological and evolutionary origins of personality traits are explored. Personality measurement systems and relationships among the measures used by psychologists are examined. The predictive power of personality measures is compared with the predictive power of measures of cognition captured by IQ and achievement tests. For many outcomes, personality measures are just as predictive as cognitive measures, even after controlling for family background and cognition. Moreover, standard measures of cognition are heavily influenced by personality traits and incentives. Measured personality traits are positively correlated over the life cycle. However, they are not fixed and can be altered by experience and investment. Intervention studies, along with studies in biology and neuroscience, establish a causal basis for the observed effect of personality traits on economic and social outcomes. Personality traits are more malleable over the life cycle compared to cognition, which becomes highly rank stable around age 10. Interventions that change personality are promising avenues for addressing poverty and disadvantage.


Personality Traits of Entrepreneurs

Personality Traits of Entrepreneurs

Author: Sari Pekkala Kerr

Publisher: Foundations and Trends (R) in Entrepreneurship

Published: 2018-07-04

Total Pages: 70

ISBN-13: 9781680834482

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Collects and organize the latest findings on the prevalence of various personality traits among the entrepreneurial population and their impact on venture performance covering academic work ranging from economics to psychology to management studies.


Theories of Personality

Theories of Personality

Author: Duane P. Schultz

Publisher: Wadsworth Publishing Company

Published: 2001

Total Pages: 566

ISBN-13: 9780534551070

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This revision of the Schultz's popular text surveys the field, presenting theory-by-theory coverage of the major theorists who represent the psychoanalytic, neopsychoanalytic, life-span, trait, humanistic, cognitive, behavioral, and social-learning approaches, as well as clinical and experimental work. Where warranted, the authors show how the development of certain theories was influenced by events in a theorist's personal and professional life. This thoroughly revised Seventh Edition now incorporates more examples, tables, and figures to help bring the material to life for students. The new content in this edition reflects the dynamism in the field. The text explores how race, gender, and culture issues figure in the study of personality and in personality assessment. In addition, a final integrative chapter looks at the study of personality theories and suggests conclusions that can be drawn from the many theorists' work.