People With Higher IQs Make Wiser Economic Choices, Study Finds - 1 views
-
People with higher measures of cognitive ability are more likely to make good choices in several different types of economic decisions, according to a new study with researchers from the University of Minnesota's Twin Cities and Morris campuses.
-
People with better cognitive skills, in particular higher IQ, were more willing to take calculated risks and to save their money and made more consistent choices. They were also more likely to be cooperative in a strategic situation, and exhibited higher "social awareness" in that they more accurately forecasted others' behavior.