Are time preference and risk preference associated with cognitive intelligence and emotional intelligence?
Ackert, Lucy F., Deaves, Richard, Miele, Jennifer and Nguyen, Quang 
ORCID: https://orcid.org/0000-0002-2999-194X
(2020)
Are time preference and risk preference associated with cognitive intelligence and emotional intelligence?
Journal of Behavioral Finance, 21
(2)
.
pp. 136-156.
ISSN 1542-7560
[Article]
(doi:10.1080/15427560.2019.1663850)
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- Final accepted version (with author's formatting)
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Abstract
The authors investigated whether cognitive intelligence (intelligence quotient [IQ]) and emotional intelligence (emotional quotient [EQ]) meaningfully correlate with time preference and risk preference, finding solid evidence in support. In the realm of time preference, high-EQ individuals are less subject to present (or future) bias and more patient. Further, high-IQ subjects tend to exhibit preferences that conform to expected utility maximization. While recent research on the relationship between cognitive ability and preferences has provided important insights, the results suggest that both cognitive intelligence and emotional intelligence matter.
| Item Type: | Article |
|---|---|
| Keywords (uncontrolled): | Experimental and Cognitive Psychology, Finance |
| Research Areas: | A. > Business School > Economics |
| Item ID: | 28167 |
| Notes on copyright: | This is an Accepted Manuscript of an article published by Taylor & Francis in Journal of Behavioral Finance on 05/11/2019, available online: http://www.tandfonline.com/10.1080/15427560.2019.1663850 |
| Useful Links: | |
| Depositing User: | Jisc Publications Router |
| Date Deposited: | 14 Nov 2019 08:32 |
| Last Modified: | 29 Nov 2022 18:31 |
| URI: | https://eprints.mdx.ac.uk/id/eprint/28167 |
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