Bart H.H. Golsteyn

Department of Economics
Maastricht University
P.O. Box 616
NL-6200 MD Maastricht
The Netherlands

E-Mail: b.golsteyn@maastrichtuniversity.nl
Institutional Affiliations: Maastricht University and SOFI, Stockholm University

NBER Working Papers and Publications

March 2011Identification Problems in Personality Psychology
with Lex Borghans, James J. Heckman, John Eric Humphries: w16917
This paper discusses and illustrates identification problems in personality psychology. The measures used by psychologists to infer traits are based on behaviors, broadly defined. These behaviors are produced from multiple traits interacting with incentives in situations. In general, measures are determined by these multiple traits and do not identify any particular trait unless incentives and other traits are controlled for. Using two data sets, we show, as an example, that substantial portions of the variance in achievement test scores and grades, which are often used as measures of cognition, are explained by personality variables.

Published: “Identification Problems in Personality Psychology,” (with L. Borghans, B. Golsteyn, and J.E. Humphries), Personality and Individual Differences , 51 (3):315–320. (2011).

February 2009Gender Differences in Risk Aversion and Ambiguity Aversion
with Lex Borghans, James J. Heckman, Huub Meijers: w14713
This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders, can be accounted for by differences in personality traits and traits of cognition. Women are more risk averse than men. Over an initial range, women require no further compensation for the introduction of ambiguity but men do. At greater levels of ambiguity, women have the same marginal distaste for increased ambiguity as men. Psychological variables account for some of the interpersonal variation in risk aversion. They explain none of the differences in ambiguity.

Published: Lex Borghans & Bart H. H. Golsteyn & James J. Heckman & Huub Meijers, 2009. "Gender Differences in Risk Aversion and Ambiguity Aversion," Journal of the European Economic Association, MIT Press, vol. 7(2-3), pages 649-658, 04-05. citation courtesy of

National Bureau of Economic Research
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Cambridge, MA 02138

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