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
Hauptverfasser: Filiz-Ozbay, Emel, Ham, John C., Kagel, John H., Ozbay, Erkut Y.
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container_title Experimental economics : a journal of the Economic Science Association
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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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source SpringerNature Journals
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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