Intelligence, Personality and Gains from Cooperation in Repeated Interactions

Eugenio Proto, Aldo Rustichini and Andis Sofianos

No 6121, CESifo Working Paper Series from CESifo

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 tradeoff between short-run gains and long-run losses. Conscientiousness and Agreeableness have a natural, significant but transitory effect on cooperation rates.

Keywords: repeated prisoner's dilemma; cooperation; intelligence; personality traits (search for similar items in EconPapers)
JEL-codes: C73 C91 C92 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Journal Article: Intelligence, Personality, and Gains from Cooperation in Repeated Interactions (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_6121

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