Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel Studies

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 corr...

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Main Authors: Jing Zhang, Haijian Liu, Jiaming Xu
Format: Article
Language:English
Published: Wiley 2024-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2024/5567809
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author Jing Zhang
Haijian Liu
Jiaming Xu
author_facet Jing Zhang
Haijian Liu
Jiaming Xu
author_sort Jing Zhang
collection DOAJ
description 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.
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institution Kabale University
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series Discrete Dynamics in Nature and Society
spelling doaj-art-823daa541b0144f9907ccc2b035ae2642025-02-03T01:31:59ZengWileyDiscrete Dynamics in Nature and Society1607-887X2024-01-01202410.1155/2024/5567809Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel StudiesJing Zhang0Haijian Liu1Jiaming Xu2Faculty of BusinessFaculty of HumanitiesFaculty of HumanitiesUnderstanding 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.http://dx.doi.org/10.1155/2024/5567809
spellingShingle Jing Zhang
Haijian Liu
Jiaming Xu
Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel Studies
Discrete Dynamics in Nature and Society
title Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel Studies
title_full Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel Studies
title_fullStr Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel Studies
title_full_unstemmed Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel Studies
title_short Are Highly Intelligent People More Likely to Tolerate Risk in China? Evidence from China Family Panel Studies
title_sort are highly intelligent people more likely to tolerate risk in china evidence from china family panel studies
url http://dx.doi.org/10.1155/2024/5567809
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