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POSTER PRESENTATIONS:
  • Poster presentations are available to view from May 18 through May 23 via ACCI’s (unlisted) YouTube Channel Poster Playlist sent out with the Zoom meeting room links to all attendees.
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Thursday, May 21 • 11:00am - 12:30pm
E1b The Association Between Personality Traits and Consumer Residential Preferences

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A consumer's housing decisions are not only a culmination of economic and social factors, but could also be driven by a consumer's personality traits. Utilizing data that are collected from the Health and Retirement Study (HRS), this study's hypothesis is that certain personality traits influence residential preferences. The objective of this study is to analyze the Big Five "OCEAN" personality traits – (O)penness, (C)onscientiousness, (E)xtraversion, (A)greeableness, and (N)euroticism – and their explanatory impacts on the value of a consumer’s home and on the amount of a consumer's mortgage debt. The results from two tobit regression models suggest a link between the OCEAN personality traits and a consumer’s residential preferences. Openness (+), conscientiousness (+), and agreeableness (-) are significant predictors of larger home values. Openness (+), agreeableness (+), neuroticism (-), and conscientiousness (-) are significant predictors of larger mortgage debt balances. This study provides a functional perspective that can be incorporated with the housing and psych-social literatures.

Author(s): Blain Pearson, Taufiq Hasan Quadria, Sarah Asebedo

Presenters
avatar for Blain Pearson

Blain Pearson

Instructor, Texas Tech University


Thursday May 21, 2020 11:00am - 12:30pm CDT
Room 1