ISET Professor Norberto Pignatti recently attended the international IZA/Volkswagen Foundation Workshop: Preferences, Personality Traits, and the Labor Market held in Bertinoro (Italy) on the 6th and 7th of October. Professor Pignatti was invited to present his research about the role of risk preferences in labor market choices in the Georgian labor market. The evidence discussed in the paper was collected based on during the implementation of the project (sponsored by the Volkswagen Foundation) Informality in the Georgian labor market.

Topics of papers presented at the workshop included:

• Measurement of preferences and personality traits using survey instruments and experiments

• Malleability of preferences and personality traits, and their rank order stability

• Preferences and personality traits as driving factors of selection into labor market states and geographic mobility

• Long-term effects of educational interventions targeted at non-cognitive skills