The role of cognitive ability and personality traits for men and women in gift exchange outcomes
We examine the role of cognitive ability and personality traits in a gift exchange experiment. Controlling for cognitive ability and personality characteristics, men offer higher wages than women, and men and women with greater cognitive ability and greater agreeableness on the Big Five personality...
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Veröffentlicht in: | Experimental economics : a journal of the Economic Science Association 2018-09, Vol.21 (3), p.650-672 |
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creator | Filiz-Ozbay, Emel Ham, John C. Kagel, John H. Ozbay, Erkut Y. |
description | We examine the role of cognitive ability and personality traits in a gift exchange experiment. Controlling for cognitive ability and personality characteristics, men offer higher wages than women, and men and women with greater cognitive ability and greater agreeableness on the Big Five personality scale offer higher wages as well. Men provide greater effort than women do, and respond to higher wage rates with greater increases in effort. For both genders, one standard deviation increases in agreeableness and in wages generate similar increases in effort. Serious biases arise from omitting cognitive ability and pooling men and women. |
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Serious biases arise from omitting cognitive ability and pooling men and women.</description><subject>Agreeableness</subject><subject>Behavioral/Experimental Economics</subject><subject>Cognitive ability</subject><subject>Cognitive bias</subject><subject>Deviation</subject><subject>Economic theory</subject><subject>Economic Theory/Quantitative Economics/Mathematical Methods</subject><subject>Economics</subject><subject>Economics and Finance</subject><subject>Five factor model</subject><subject>Game Theory</subject><subject>Microeconomics</subject><subject>Operations Research/Decision Theory</subject><subject>Original Paper</subject><subject>Personality</subject><subject>Personality traits</subject><subject>Social and Behav. 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subjects | Agreeableness Behavioral/Experimental Economics Cognitive ability Cognitive bias Deviation Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Five factor model Game Theory Microeconomics Operations Research/Decision Theory Original Paper Personality Personality traits Social and Behav. Sciences Wage rates Wages & salaries Women |
title | The role of cognitive ability and personality traits for men and women in gift exchange outcomes |
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