Cognitive ability and economic preferences: evidence from survey and experimental data in Mexico
Eduardo Medina-Cortina () and
Roberto Velez-Grajales ()
Additional contact information
Eduardo Medina-Cortina: University of Illinois
Roberto Velez-Grajales: Centro de Estudios Espinosa Yglesias
Authors registered in the RePEc Author Service: Roberto Velez Grajales
Economics Bulletin, 2018, vol. 38, issue 3, 1406-1414
This paper contributes to the debate about the relationship between cognitive ability and economic preferences. We employ both national representative survey data and experimental data, and apply different elicitation procedures for risk and time preferences in a developing country, Mexico. Our findings are based on three different samplesâ€”adult and adolescent survey data, and experimental data for young adultsâ€”and a total of 13 tests, two with monetary incentives and the rest without these incentives. Our results show no statistically significant relationship between cognitive ability and economic preferences using different elicitation procedures with three different samples.
Keywords: Cognitive ability; risk aversion; patience; economic preferences; Mexico. (search for similar items in EconPapers)
JEL-codes: C9 D1 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-17-00887
Access Statistics for this article
More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().