The role of cognitive ability and personality traits for men and women in gift exchange outcomes

Emel Filiz-Ozbay, John Ham, John Kagel and Erkut Ozbay

Experimental Economics, 2018, vol. 21, issue 3, No 9, 650-672

Abstract: Abstract 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.

Keywords: Gift exchange experiment; Big five personality characteristics; SAT scores (search for similar items in EconPapers)
JEL-codes: D03 J16 J22 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (7)

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DOI: 10.1007/s10683-016-9503-2

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