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Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel Studies.
- Source :
- Discrete Dynamics in Nature & Society; 1/25/2024, p1-8, 8p
- Publication Year :
- 2024
-
Abstract
- Understanding the correlation between cognitive ability and risk preferences is crucial for promoting technological progress and innovation in China. This study aims to investigate this relationship using survey data from the China Family Panel Studies. The results reveal a significant positive correlation between cognitive ability and risk tolerance. These findings have important implications for understanding the relationship between cognitive ability and risk preferences, as well as for informing policy decisions in areas such as financial investments and entrepreneurship incentives. [ABSTRACT FROM AUTHOR]
- Subjects :
- PANEL analysis
COGNITIVE ability
TECHNOLOGICAL progress
FAMILIES
Subjects
Details
- Language :
- English
- ISSN :
- 10260226
- Database :
- Complementary Index
- Journal :
- Discrete Dynamics in Nature & Society
- Publication Type :
- Academic Journal
- Accession number :
- 175025835
- Full Text :
- https://doi.org/10.1155/2024/5567809