Monday, February 25, 2013

PAPER "Personality and Bargaining Power"

PAPER "Personality and Bargaining Power"

"We designed a bargaining experiment to test the hypothesis that an individuals' economic choices and outcomes are significantly affected by the personality of others, measured in terms of the Big Five model. Output was produced by a worker, and a manager decided how this output was divided between them. The two parties regularly interacted face-to-face. Our results attribute a significant effect of the worker's personality on her bargaining power: agreeableness was associated with significantly lower earnings for the worker (roughly 8% per standard deviation). This effect was robust to model specifications, and increased gradually as managers learned their workers' personality traits. We also studied possible channels for this effect and rejected the hypothesis that the worker's opinion of the manager infl
uenced the manager's decisions."

 Please remember:
Big5 versions are good for guidance (for orientation) purposes but not good enough for predictive purposes.

 "Because the Big Five groups the more specific primary-level factors, feedback organized around the five Global Factor scales is more easily understood. For detailed feedback or predictive purposes, one should assess the more specific primary factors. Research has shown that more specific factors like the primary scales of the 16PF Questionnaire predict actual behavior better than the Big 5 Global Factors. For example, one extravert (a bold, fearless, high-energy type) may differ considerably from another (a sweet, warm, sensitive type), depending on the extraversion-related primary scale score patterns, so deeper analysis is typically warranted." Extracted from the 16PF5 Manual.

 See also:
Commingling analysis is a statistical method for distinguishing between one (usually normal) distribution and a mixture of two or more distributions.

 WorldWide, there are over 5,000 -five thousand- online dating sites
but no one is using the 16PF5 (or similar) to assess personality of its members!
but no one calculates similarity with a quantized pattern comparison method!
but no one can show Compatibility Distribution Curves to each and every of its members!
but no one is scientifically proven!

 High precision in matching algorithms is precisely the key to open the door and leave the infancy of compatibility testing.
It is all about achieving the eighth decimal!
With 8 decimals, you have more precision than any person could achieve by searching on one's own, but the only way to achieve the eighth decimal is using analysis and correlation with quantized patterns.

100 times better than Compatibility Matching Algorithms used by actual online dating sites!

Without offering the NORMATIVE16PF5 (or similar test measuring exactly the 16 personality factors) for serious dating, it will be impossible to innovate and revolutionize the Online Dating Industry
All other proposals are NOISE and perform as placebo.

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