Are Time Preference and Risk Preference Associated with Cognitive Intelligence and Emotional Intelligence?

被引:16
作者
Ackert, Lucy F. [1 ]
Deaves, Richard [2 ]
Miele, Jennifer [3 ]
Quang Nguyen [4 ]
机构
[1] Kennesaw State Univ, Kennesaw, GA 30144 USA
[2] McMaster Univ, Hamilton, ON, Canada
[3] Calif State Univ Fresno, Fresno, CA 93740 USA
[4] Middlesex Univ, London, England
关键词
Time preference; Risk preference; Prospect theory; Emotional intelligence; CUMULATIVE PROSPECT-THEORY; FINANCIAL RISK; AVERSION; DECISION; PSYCHOLOGY; HETEROGENEITY; DETERMINANTS; PERSONALITY; ENVIRONMENT; ACCOUNTS;
D O I
10.1080/15427560.2019.1663850
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
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.
引用
收藏
页码:136 / 156
页数:21
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