Decision Sciences
8 years ago

Cognitive ability predicts decision-making, revealing gender differences in preferences.

The Journal of Economic Perspectives
Cognitive Reflection and Decision Making
Shane Frederick

Paper Summary

The Cognitive Reflection Test (CRT) is a simple way to measure how well people think before giving an answer. High CRT scores can predict the choices people make in decision-making tests. Men and women show differences in CRT scores, which can affect how they make decisions about time and risk. This test can help us understand how our thinking abilities relate to the choices we make.

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