Challenges in Research on Preferences and Personality Traits: Measurement, Stability, and Inference

12 Pages Posted: 27 Feb 2017

See all articles by Bart Golsteyn

Bart Golsteyn

Maastricht University - Research Centre for Education and the Labour Market (ROA); IZA Institute of Labor Economics; Stockholm University - Swedish Institute for Social Research (SOFI)

Hannah Schildberg-Hörisch

Heinrich-Heine-Universität Düsseldorf; IZA Institute of Labor Economics

Abstract

This paper reviews several traditions in economic research on preferences as well as research on personality traits in personality psychology and lists challenges in both fields. We discuss challenges regarding the measurement of preferences and personality traits, challenges regarding the stability of preferences and traits, and challenges when inferring causality. Additionally, we highlight areas in which we see potential benefits from taking into account methodological approaches or insights from the respective other discipline.

Keywords: preferences, personality traits, measurement, stability, causality

JEL Classification: A12, D03

Suggested Citation

Golsteyn, Bart and Schildberg-Hörisch, Hannah, Challenges in Research on Preferences and Personality Traits: Measurement, Stability, and Inference. IZA Discussion Paper No. 10562. Available at SSRN: https://ssrn.com/abstract=2923647

Bart Golsteyn (Contact Author)

Maastricht University - Research Centre for Education and the Labour Market (ROA) ( email )

P.O. Box 616
Maastricht, MD6200
Netherlands

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Stockholm University - Swedish Institute for Social Research (SOFI) ( email )

Kyrkgatan 43B
SE-106 91 Stockholm
Sweden

Hannah Schildberg-Hörisch

Heinrich-Heine-Universität Düsseldorf ( email )

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany

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