People’s risk preferences are thought to be central to many consequential real-life decisions, making it important to identify robust correlates of this construct. Various psychological theories have put forth a series of candidate correlates, yet the strength and robustness of their associations remain unclear because of disparate operationalizations of risk preference and analytic limitations in ...
This study assessed change in self-reported Big Five personality traits. We conducted a coordinated inte-grative data analysis using data from 16 longitudinal samples, comprising a total sample of over 60 000 participants.We coordinated models across multiple datasets and fit identical multi-level growth models to assess and compare theextent of trait change over time. Quadratic change was assessed ...
AbstractMost studies have treated grandiose narcissism as a unidimensional construct and investigated its associations in cross-sectional convenience samples. The present research systematically addresses these limitations by investigating the associations of agentic and antagonistic aspects of narcissism in the interpersonal, intrapersonal, and institutional domains, cross-sectionally and longitudinally ...
In 2018, participants in the Socio-Economic Panel were asked for the third time whether and how much money they had donated in the past year to social, church, cultural, charitable and non-profit causes. This paper examines the results of this survey and compares them with the previous findings for the years 2009 and 2014. According to SOEP data, almost one in two private individuals in Germany continued ...
Decades of studies identify personality traits as an important predictor of life outcomes. However, previous investigations of personality-outcome associations have not taken a principled approach to covariate use or other sampling strategies to ensure the robustness of personality-outcome associations. The result is that it is unclear (1)...
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus native or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that most people are at least partly aware of their limited self-control. Compared to naifs, sophisticates have ...
As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to understand whether the personality of entrepreneurs drives the first hiring in their firms. Using the German Socio-Economic Panel (SOEP), we analyze to what extent personality traits influence the probability of becoming an employer. The results indicate that personality matters. ...