WHO IS 'BEHAVIORAL'? COGNITIVE ABILITY AND ANOMALOUS PREFERENCES.

By Daniel J. Benjamin, S. Brown, Jesse M. Shapiro. Journal of the European Economic Association, 2013

710 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/af89d63a8636ee1df654177e792519ec6b34c3f8

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Citations in the corpus

Behavioral economics. (2014, positive): “Recent evidence shows substantial effects of basic intelligence on the tendency to make the kind of judgment mistakes documented in the heuristics literature, and on risk-aversion and immediacy preference (Benjamin and Shapiro, 2005; Frederick, 2005).”
Economic Decision-Making in Poverty Depletes Behavioral Control (2011, positive): “Together, these results suggest that behaviors commonly attributed to attitudes such as “impatience” may actually reflect cognitive regulation of behavior (Benjamin, Brown, and Shapiro, 2006).”
Human Capital and the Lifetime Costs of Impatience (2015, positive): “The link between time inconsistency and cognitive ability has been established in multiple papers, including Benjamin et al. (2013). We follow Neal and Johnson (1996) in using age-adjusted AFQT scores, which are further adjusted to be mean 0 and standard deviation 1.”
The today and tomorrow of kids: Time preferences and educational outcomes of children (2011, neutral): “Cognitive ability may play a role in determining discount rates, as well as in our ability to measure them accurately through an experimental procedure (Benjamin et al., 2006; Burks et al., 2009; Dohmen et al., 2011).”
Do Portfolio Distortions Reflect Superior Information or Psychological Biases? (2013, positive): “This conjecture is motivated by recent research in behavioral economics (e.g., Frederick (2005), Benjamin, Brown, and Shapiro (2013), and Dohmen, Falk, Huffman, and Sunde (2010)), which finds that lower levels of smartness are associated with more “anomalous” preferences and stronger behavioral…”
Intelligence, Personality, and Gains from Cooperation in Repeated Interactions (2019, positive): “This view produces the general idea that intelligence reduces behavioral biases (e.g., Frederick 2005; Dohmen et al. 2010; Benjamin, Brown, and Shapiro 2013).”
Revising Commitments: Field Evidence on the Adjustment of Prior Choices (2012, neutral): “7 Benjamin et al. (2013) document correlations among test scores, cognitive load and short-term patience.”
Cognitive Imprecision and Small-Stakes Risk Aversion (2018, positive): “We propose that small-stakes risk aversion can be explained in the same way as perceptual biases that result from noise in internal representations.(7) According to our theory, intuitive estimates of the value of risky prospects (not ones resulting from explicit symbolic calculations) are based on m”
The psychometric and empirical properties of measures of risk preferences (2017, positive): “We replicate previously reported associations between attitudes toward risk and cognitive ability (Benjamin et al. 2013; Burks et al. 2009; Dave et al. 2010; Dohmen et al. 2010; Frederick 2005) in the sample of male respondents.”
Cognitive (ir)reflection: New experimental evidence☆ (2016, positive): “These results confirm, by and large, the commonplace in the literature, that is, that higher cognitive reflection is associated with lower risk aversion (Donkers et al., 2001; Frederick, 2005; Benjamin et al., 2013).”
Economic behavior of children and adolescents – A first survey of experimental economics results (2019, neutral): “Subjects who are more patient in time preference experiments are also more likely to save money from their available weekly allowance (Benjamin et al., 2013; Sutter et al., 2013; Lührmann et al., 2018).”