spurious correlation between risk aversion and wealth …

are, at best, weakly correlated. Across all respondents, the correlation is slightly negative. For the subgroups that we … examine, the correlation is almost always small, typically statistically insignificant, and often negative. The exception is … respondents who score highly on a within-study IQ test, where the correlation is around 0.2. A meta-study of similar lab …

for time series with known degree of correlation …

calculate the cross-sectional correlation coefficients between the biases and find that all of them are positive and highly … decision-making technique will most likely accept other techniques as well. Furthermore, we determine that the correlation …