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- W1511819258 abstract "We identify the causal effect of cognitive abilities on economic behavior in an experimental setting. Using a forecasting task with varying cognitive load, we identify the causal effect of working memory on subjects' forecasting performance, while also accounting for the effect of other cognitive, personality and demographic characteristics. Addressing the causality is important for understanding the nature of various decision-making errors, as well as for providing reliable policy implications in contexts such as student placement, personnel assignment, and public policy programs designed to augment abilities of the disadvantaged. We further argue that establishing the causality of cognitive abilities is a prerequisite for studying their interaction with financial incentives, with implications for the design of efficient incentive schemes." @default.
- W1511819258 created "2016-06-24" @default.
- W1511819258 creator A5017469016 @default.
- W1511819258 date "2012-01-01" @default.
- W1511819258 modified "2023-09-25" @default.
- W1511819258 title "The Causal Effect of Cognitive Abilities on Economic Behavior: Evidence from a Forecasting Task with Varying Cognitive Load" @default.
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- W1511819258 doi "https://doi.org/10.2139/ssrn.2046942" @default.
- W1511819258 hasPublicationYear "2012" @default.
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