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On the Relationship Between Cognitive Ability and Risk Preference

Thomas Dohmen (), Armin Falk, David Huffman and Uwe Sunde ()
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David Huffman: University of Pittsburgh

No 76, Rationality and Competition Discussion Paper Series from CRC TRR 190 Rationality and Competition

Abstract: This paper focuses on the relationship between cognitive ability and decision making under risk and uncertainty. We begin by clarifying some important distinctions between concepts and measurement of risk preference and cognitive ability and then take stock of what is known empirically on the connections between cognitive ability and measured risk preferences.

New Economics Papers: this item is included in nep-cbe, nep-neu, nep-rmg and nep-upt
Date: 2018-03-05
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