Correlates of Personality and Economic Behavior in Economic ExperimentsCorrelates of Personality and Economic Behavior in Economic ExperimentsAA1134969X Correlates of Personality and Economic Behavior in Economic Experiments
This paper surveys the correlates of individual personality and economic behavior in precedingeconomic experiments. Recent experimental literature have shown that deviation of economicbehavior distributes no standard distribution. There are systematic deviation to average. Thus, itneeds not only behavioral explanation, but also explanations for individual differences. One of thesepossible explanations, experimental economists focus on individual personality. Using Psychologicalpersonality traits, some studies tried to explain economic behaviors observed in economic experimentsso far. In this paper, correlates of personality traits and experimental outcomes has examined.