Are time preference and risk preference associated with cognitive intelligence and emotional intelligence?
Article
Ackert, L., Deaves, R., Miele, J. and Nguyen, Q. 2020. Are time preference and risk preference associated with cognitive intelligence and emotional intelligence? Journal of Behavioral Finance. 21 (2), pp. 136-156. https://doi.org/10.1080/15427560.2019.1663850
Type | Article |
---|---|
Title | Are time preference and risk preference associated with cognitive intelligence and emotional intelligence? |
Authors | Ackert, L., Deaves, R., Miele, J. and Nguyen, Q. |
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. |
Keywords | Experimental and Cognitive Psychology, Finance |
Publisher | Taylor & Francis (Routledge) |
Journal | Journal of Behavioral Finance |
ISSN | 1542-7560 |
Electronic | 1542-7579 |
Publication dates | |
Online | 05 Nov 2019 |
02 Apr 2020 | |
Publication process dates | |
Deposited | 14 Nov 2019 |
Accepted | 17 May 2019 |
Output status | Published |
Accepted author manuscript | |
Copyright Statement | 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 |
Digital Object Identifier (DOI) | https://doi.org/10.1080/15427560.2019.1663850 |
Language | English |
https://repository.mdx.ac.uk/item/88976
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