Intelligence, personality, and gains from cooperation in pepeated interactions

• Verfasst von: Proto, Eugenio [VerfasserIn]
• Verfasst von: Rustichini, Aldo [VerfasserIn]
• Verfasst von: Sofianos, Andis [VerfasserIn]
• Titel: Intelligence, personality, and gains from cooperation in pepeated interactions
• Verf.angabe: Eugenio Proto, University of Bristol, Institute of Labor Economics (IZA), and CESIfo; Aldo Rustichini, University of Minnesota; Andis Sofianos, University of Heidelberg
• E-Jahr: 2019
• Jahr: April 10, 2019
• Umfang: 40 S.
• Fussnoten: Gesehen am 18.05.2019
• Titel Quelle: Enthalten in: Journal of political economy
• Ort Quelle: Chicago, Ill. : Univ. of Chicago Press, 1892
• Jahr Quelle: 2018
• Band/Heft Quelle: 127(2018), 3, Seite ?
• ISSN Quelle: 1537-534X
• DOI: doi:10.1086/701355
• Datenträger: Online-Ressource
• Sprache: eng
• K10plus-PPN: 1665909501

Abstract

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.