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
TypeArticle
TitleAre time preference and risk preference associated with cognitive intelligence and emotional intelligence?
AuthorsAckert, 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.

KeywordsExperimental and Cognitive Psychology, Finance
PublisherTaylor & Francis (Routledge)
JournalJournal of Behavioral Finance
ISSN1542-7560
Electronic1542-7579
Publication dates
Online05 Nov 2019
Print02 Apr 2020
Publication process dates
Deposited14 Nov 2019
Accepted17 May 2019
Output statusPublished
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
LanguageEnglish
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