Article ID Journal Published Year Pages File Type
5059189 Economics Letters 2014 4 Pages PDF
Abstract
We investigate the role personality plays in Finitely Repeated Prisoner's Dilemma (FRPD) games. Even after controlling for demographic factors such as race, course of study, and cognitive ability, we find that cooperative behavior is significantly related to the Big Five personality trait Agreeableness. A one standard deviation increase in agreeableness increases the predicted probability of cooperation by a subject with modal demographic characteristics from 67.9% to 80.6%.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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