Personality Traits

Personality captures a person’s essence. Understanding one’s personality helps explain and predict the decisions an individual makes and what a person will do. This chapter focuses on the predominant structural model of personality — the Five-Factor Model — which encapsulates personality using five...

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Bibliographic Details
Main Authors: Fung, L., Durand, Robert
Other Authors: H. Kent Baker
Format: Book Chapter
Published: John Wiley and Sons, inc 2014
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/31474
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author Fung, L.
Durand, Robert
author2 H. Kent Baker
author_facet H. Kent Baker
Fung, L.
Durand, Robert
author_sort Fung, L.
building Curtin Institutional Repository
collection Online Access
description Personality captures a person’s essence. Understanding one’s personality helps explain and predict the decisions an individual makes and what a person will do. This chapter focuses on the predominant structural model of personality — the Five-Factor Model — which encapsulates personality using five higher-order traits: Extraversion, Agreeableness, Conscientiousness, Neuroticism, and Openness to Experience/Intellect. The Five-Factor Model is rooted in biology and is genetically based. Personality traits are a major aspect of risk taking and overconfidence behaviors. Understanding personality can improve decision-making if it helps to regulate and override dispositional tendencies leading to suboptimal outcomes.
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spelling curtin-20.500.11937-314742023-02-27T07:34:31Z Personality Traits Fung, L. Durand, Robert H. Kent Baker Victor Ricciardi behavioral finance behavioural economics behavioural finance Personality traits overconfidence biological basis of personality traits gender Five-Factor Model of personality risk-taking behavior behavioral economics Personality captures a person’s essence. Understanding one’s personality helps explain and predict the decisions an individual makes and what a person will do. This chapter focuses on the predominant structural model of personality — the Five-Factor Model — which encapsulates personality using five higher-order traits: Extraversion, Agreeableness, Conscientiousness, Neuroticism, and Openness to Experience/Intellect. The Five-Factor Model is rooted in biology and is genetically based. Personality traits are a major aspect of risk taking and overconfidence behaviors. Understanding personality can improve decision-making if it helps to regulate and override dispositional tendencies leading to suboptimal outcomes. 2014 Book Chapter http://hdl.handle.net/20.500.11937/31474 John Wiley and Sons, inc restricted
spellingShingle behavioral finance
behavioural economics
behavioural finance
Personality traits
overconfidence
biological basis of personality traits
gender
Five-Factor Model of personality
risk-taking behavior
behavioral economics
Fung, L.
Durand, Robert
Personality Traits
title Personality Traits
title_full Personality Traits
title_fullStr Personality Traits
title_full_unstemmed Personality Traits
title_short Personality Traits
title_sort personality traits
topic behavioral finance
behavioural economics
behavioural finance
Personality traits
overconfidence
biological basis of personality traits
gender
Five-Factor Model of personality
risk-taking behavior
behavioral economics
url http://hdl.handle.net/20.500.11937/31474