Dohmen, Thomas J; Falk, Armin; Huffman, David; Sunde, Uwe - C.E.P.R. Discussion Papers - 2008
investigates whether there is a link between cognitive ability, risk aversion, and impatience, using a representative sample of the … population and incentive compatible measures. We conduct choice experiments measuring risk aversion, and impatience over an … conducted in subjects' own homes. We find that lower cognitive ability is associated with greater risk aversion, and more …