Economic Preferences and Personality Traits Among Finance Professionals and the General Population

A-Tier
Journal: Economic Journal
Year: 2023
Volume: 133
Issue: 656
Pages: 2949-2977

Authors (5)

Martin Holmén (not in RePEc) Felix Holzmeister (Leopold-Franzens-Universität I...) Michael Kirchler (not in RePEc) Matthias Stefan (not in RePEc) Erik Wengström (Lunds Universitet)

Score contribution per author:

0.804 = (α=2.01 / 5 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Based on artefactual field experiments, we investigate whether finance professionals differ from a sample of the working population in terms of industry-relevant preferences and personality traits. When adjusting for socioeconomic characteristics, we find only few and less marked differences: finance professionals are less risk averse, less trustworthy, show higher levels of psychopathy and are more competitive than participants from the general population. In an additional survey, experts with hiring experience consider industry selection, self-selection and imprinting by industry norms as explanatory for the observed subject pool differences.

Technical Details

RePEc Handle
repec:oup:econjl:v:133:y:2023:i:656:p:2949-2977.
Journal Field
General
Author Count
5
Added to Database
2026-01-29