IQ and nonplanning impulsivity are independently associated with delay discounting in middle-aged adults

In three different variants of an one-shot public good game I analyze the relationship between cooperation and cognitive abilities, assessed through the cognitive reflection test (CRT). In a between-subjects design, the baseline case is contrasted with two treatment conditions that allow to control for two potentially moderating factors: By employing a test for the presence of confusion, the first condition scrutinizes whether higher cognitive abilities are correlated with cooperation proper or simply grant a better understanding of the incentive structure. The second condition explores the proposition that the link between cognitive abilities and cooperation could depend on the complexity of the decision situation. To exogenously create a cognitively more demanding choice setting, subjects had to decide under time pressure. I find a strong and positive relationship between CRT-scores and cooperation, that is not driven by confusion. Time pressure has a strongly moderating effect on this relationship.

No abstract

There has been discussion over the extent to which delay discounting -as prototypically shown by a preference for a smaller-sooner sum of money over a larger-later sum -measures the same kind of impulsive preferences that drive non-financial behavior. To address this issue a dataset was analyzed, containing 42,863 participants' responses to a single delaydiscounting choice, along with self-report behaviors that can be considered as impulsive.Choice of a smaller-sooner sum was associated with several demographics: younger age, lower income, lower education; and impulsive behaviors: earlier age of first sexual activity and recent relationship infidelity, smoking, and higher body mass index. These findings suggest that at least an aspect of delay discounting preference is associated with a general trait influencing other forms of impulsivity, and therefore that high delay discounting is another form of impulsive behavior.