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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Format: | Article |
Language: | English |
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Wiley
2024-01-01
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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. |
format | Article |
id | doaj-art-823daa541b0144f9907ccc2b035ae264 |
institution | Kabale University |
issn | 1607-887X |
language | English |
publishDate | 2024-01-01 |
publisher | Wiley |
record_format | Article |
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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