Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059189 | Economics Letters | 2014 | 4 Pages |
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%.
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Authors
John Kagel, Peter McGee,