TY - JOUR
T1 - Intelligence, personality, and gains from cooperation in repeated interactions
AU - Proto, Eugenio
AU - Rustichini, Aldo
AU - Sofianos, Andis
N1 - Publisher Copyright:
© 2019 by The University of Chicago. All rights reserved.
PY - 2019/6/1
Y1 - 2019/6/1
N2 - 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 be-tweenshort-rungains andlong-runlosses. Conscientiousness andAgree-ableness have a natural, significant but transitory effect on cooperation rates.
AB - 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 be-tweenshort-rungains andlong-runlosses. Conscientiousness andAgree-ableness have a natural, significant but transitory effect on cooperation rates.
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U2 - 10.1086/701355
DO - 10.1086/701355
M3 - Article
AN - SCOPUS:85065759157
SN - 0022-3808
VL - 127
SP - 1351
EP - 1390
JO - Journal of Political Economy
JF - Journal of Political Economy
IS - 3
ER -