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Intelligent people are more patient in financial matters

07-04-2007 · EurekAlert!

Assuming someone gave you the choice of 100 euros today or 150 euros in a year's time. Which sum would you take? Scientists at the University of Bonn and the Institute for the Study of Labor (Institut zur Zukunft der Arbeit, IZA) asked 1000 adults in Germany this question. The result: Intelligent people prefer to wait for a higher return, rather than going for the money now.

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Keywords: intelligent, people, patient, financial, matters, matter

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