Monday, May 6, 2019

The agreeable ones cooperate more at first, but don't have the strategic ability & consistency of those of high IQ; conscientiousness errs in caution, which deters cooperation

Intelligence, Personality, and Gains from Cooperation in Repeated Interactions. Eugenio Proto, Aldo Rustichini, Andis Sofianos. Journal of Political Economy, Apr 10, 2019. https://www.journals.uchicago.edu/doi/pdfplus/10.1086/701355

Abstract: We study how intelligence and personality affect the outcomes of groups, focusing on repeated interactions that provide the opportunity for profitable cooperation. Our experimental method creates two groups of subjects who have different levels of certain traits, such as higher or lower levels of Intelligence, Conscientiousness, and Agreeableness, but who are very similar otherwise. Intelligence has a large and positive long-run effect on cooperative behavior. The effect is strong when at the equilibrium of the repeated game there is a trade-off between short-run gains and long-run losses. Conscientiousness and Agreeableness have a natural, significant but transitory effect on cooperation rates.

Intelligence, Personality, and Gains from Cooperation in Repeated Interactions. Eugenio Proto, Aldo Rustichini, Andis Sofianos. Journal of Political Economy, Apr 10, 2019. https://www.journals.uchicago.edu/doi/pdfplus/10.1086/701355

We study how intelligence and personality affect the outcomes of groups, focusing on repeated interactions that provide the opportunity for profitable cooperation. Our experimental method creates two groups of subjects who have different levels of certain traits, such as higher or lower levels of Intelligence, Conscientiousness, and Agreeableness, but who are very similar otherwise. Intelligence has a large and positive long-run effect on cooperative behavior. The effect is strong when at the equilibrium of the repeated game there is a trade-off between short-run gains and long-run losses. Conscientiousness and Agreeableness have a natural, significant but transitory effect on cooperation rates.



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