ABSTRACT. Over the past decade, there has been increasing evidence describing investment and social interactions as direct determinants of traits that are assumed to evolve as a function of the experiences of agents, the stability and malleability of personality traits and preferences, the presence of behavioral tendencies for job training policy, and the importance of accurate predictions of risk preference. This paper aims to analyze and discuss psychological and neuroeconomic understanding of risk preference, the special nature of money in incentives, the causal impact of personality on outcomes, and the role of cognition in shaping personality. pp. 112–117
JEL Codes: H75; P36; D03

Keywords: trait; personality; economic behavior; social interaction

How to cite: Pera, Aurel (2014), “The Use of Educational Psychology to Explain Economic Behavior,” Economics, Management, and Financial Markets 9(1): 112–117.