Penta Lab

Pompeu Fabra University

Este (ES5) · Spain

ERC-funded
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Research focus

ERC Consolidator Grant · 2022

Personality, Preferences, and Reference-Dependence

In recent years, the study of personality (noncognitive skills) has significantly increased in economics. There has been an explosion of empirical work that shows the promise and relevance of incorporating such factors into the field. But we lack a definition of relevant personality traits in terms of primitive preferences, the way we do with risk and time preferences, for instance. Most studies rely on self-reported surveys, but this is only part of the issue: without a sharp, agreed-upon definition, it is difficult to build models, make predictions or elicit these measures in a way that unambiguously separates the primitives from the outcomes. My aim is to provide these notions. Part 1…

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