Template-type: ReDIF-Paper 1.0 Author-Name: Borghans, Lex Author-Email: lex.borghans@algec.unimaas.nl Author-Workplace-Name: ROA and Maastricht University Author-Name: Duckworth, Angela Lee Author-Email: duckworth@psych.upenn.edu Author-Workplace-Name: University of Pennsylvania Author-Name: Heckman, James J. Author-Email: jjh@uchicago.edu Author-Workplace-Name: University of Chicago Author-Name: Weel, Bas ter Author-Email: b.terweel@merit.unimaas.nl Author-Workplace-Name: UNU-MERIT and CPB Title: The Economics and Psychology of Personality Traits Abstract: This paper explores the interface between personality psychology and economics. We examine the predictive power of personality and the stability of personality traits over the life cycle. We develop simple analytical frameworks for interpreting the evidence in personality psychology and suggest promising avenues for future research. Classification-JEL: I2, J24 Keywords: personality traits, lifecycle effects, psychology, economics Series: UNU-MERIT Working Papers Creation-Date: 2008 Number: 010 File-URL: http://www.merit.unu.edu/publications/wppdf/2008/wp2008-010.pdf File-Format: application/pdf File-Size: 275 Kb Handle: RePEc:unm:unumer:2008010