Intelligence, personality, and gains from cooperation in pepeated interactions
We study how intelligence and personality affect the outcomes of groups, focusing on repeated interactions that provide the opportunity for profitable cooperation. Our experimental method creates two groups of subjects who have different levels of certain traits, such as higher or lower levels of In...
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| Main Authors: | , , |
|---|---|
| Format: | Article (Journal) |
| Language: | English |
| Published: |
April 10, 2019
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| In: |
Journal of political economy
Year: 2018, Volume: 127, Issue: 3, Pages: ? |
| ISSN: | 1537-534X |
| DOI: | 10.1086/701355 |
| Online Access: | Verlag, Volltext: https://doi.org/10.1086/701355 Verlag, Volltext: https://www.journals.uchicago.edu/doi/full/10.1086/701355 |
| Author Notes: | Eugenio Proto, University of Bristol, Institute of Labor Economics (IZA), and CESIfo; Aldo Rustichini, University of Minnesota; Andis Sofianos, University of Heidelberg |
MARC
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| 520 | |a We study how intelligence and personality affect the outcomes of groups, focusing on repeated interactions that provide the opportunity for profitable cooperation. Our experimental method creates two groups of subjects who have different levels of certain traits, such as higher or lower levels of Intelligence, Conscientiousness, and Agreeableness, but who are very similar otherwise. Intelligence has a large and positive long-run effect on cooperative behavior. The effect is strong when at the equilibrium of the repeated game there is a trade-off between short-run gains and long-run losses. Conscientiousness and Agreeableness have a natural, significant but transitory effect on cooperation rates. | ||
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