In a serendipitous and quite germane piece of research, Marginal Revolution links to a study on IQ and risk-aversion:
“Our main finding is that risk aversion and impatience both vary systematically with cognitive ability. Individuals with higher cognitive ability are significantly more willing to take risks in the lottery experiments and are significantly more patient over the year-long time horizon studied in the intertemporal choice experiment.”
In a serendipitous and quite germane piece of research, Marginal Revolution links to a study on IQ and risk-aversion: