@article {11712, title = {The Association Between Facets of Conscientiousness and Performance-based and Informant-Rated Cognition, Affect, and Activities in Older Adults.}, journal = {Journal of Personality}, volume = {90}, year = {2022}, pages = {121-132}, abstract = {

OBJECTIVE: To identify facets of Conscientiousness associated with objective cognitive performance, informant-rated cognitive decline, and informant-rated affect and activities implicated in cognitive health.

METHOD: Health and Retirement Study participants (N=2,516) reported on their personality, completed a comprehensive cognitive assessment, and had knowledgeable informants report on their cognition, affect, and activities.

RESULTS: Industriousness and responsibility were associated with better cognitive performance; order was associated with less informant-rated cognitive decline. The facets were also associated with more positive affect, less negative affect, greater engagement in cognitive activities and activities outside the house, and less engagement in passive activities, as rated by a knowledgeable informant. Informant-rated engagement in cognitive activities mediated the association between self-reported responsibility and objective cognitive performance.

CONCLUSIONS: Tendencies toward achievement and accountability were associated with healthier cognitive performance and daily profiles that support cognitive health, whereas organization was associated with cognition as reported by a knowledgeable informant. The differential pattern of correlates is informative for the theoretical processes that link distinct facets of Conscientiousness to healthier cognitive aging.

}, keywords = {attention, cognitive function, Conscientiousness, Facets, Five factor model, Memory}, issn = {1467-6494}, doi = {10.1111/jopy.12657}, author = {Angelina R Sutin and Damaris Aschwanden and Yannick Stephan and Antonio Terracciano} } @article {CHERRY2022111560, title = {Personality traits and long-term care financial risks among older Americans}, journal = {Personality and Individual Differences}, volume = {192}, year = {2022}, pages = {111560}, abstract = {Individuals are susceptible to financial uncertainty across the financial life cycle. The last of three financial life cycle stages is the distribution of accumulated wealth to fund retirement. Individuals maximize utility by smoothing consumption over the life cycle while managing uncertainty events. Life cycle events include the potential need and financial cost for long-term care support and services. Pre-cautionary savings are used to exchange insurance premiums for the coverage of high uncertainty events. Despite the theoretical need for uncertainty protection, consumer demand for insurance that mitigates or eliminates risk exposure to uncertainty events is historically low. This conundrum is commonly referred to as uncertainty {\textquotedblleft}puzzles.{\textquotedblright} The empirical and descriptive literature examines many potential factors for these protection gaps that range from financial, health, social insurance, substitute and complimentary assets, socio-demographic factors, individual preferences, behavioral, and psychosocial factors, which this current paper controls for a majority. Research is growing yet limited when considering individuals personality traits as potential explanations for personal finance behaviors. This study investigates and provides results that suggest that personality traits could partially explain the low demand for financial uncertainty insurance. Of the five personality traits, an individual who more strongly identifies with conscientiousness, holding all else equal, was found to associate positively with long-term care insurance ownership.}, keywords = {Big 5, Financial risks, Five factor model, Long-term Care, Long-term care services, OCEAN traits, Personality Traits, Uncertainty risks}, issn = {0191-8869}, doi = {10.1016/j.paid.2022.111560}, author = {Preston D. Cherry and Sarah Asebedo} }