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ISET would like to heartily congratulate resident faculty members Norberto Pignatti and Karine Torosyan on the publication of a new article, “Patience, Cognitive Abilities, and Cognitive Effort: Survey and Experimental Evidence From a Developing Country” in American Behavioral Scientist [NOTE: those unable to access the published version can find the latest version of the working paper here].
In the piece, the authors examine the relationship between patience and various measures of cognitive ability, as taken from a sample of 107 participants drawn from the adult population in Tbilisi. The paper sheds light on the relationship between cognition and patience by documenting that the correlation between cognitive abilities and delay discounting is weaker for the same group of individuals if the choices are incentivized. The authors speculate that higher cognitive effort, which induces higher involvement of the cognitive system, moderates the relationship between patience and cognition.
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Christopher Hitchens, one of the greatest public intellectuals of the last four decades, famously said 'The only way for any country to get out of poverty is the empowerment of women'. Everyone at ISET would no doubt agree with him – Professor Norberto Pignatti in particular, whose latest publication examines how increasing women's participation in the labor force is important for sustainable economic development in transition countries.
Professor Pignatti, one of ISET's most prolific faculty members, had his research paper published by IZA World of Labor, an online platform dedicated to labor market issues. The organization seeks to support evidence-based policymaking and increase general awareness of labour market matters – most recently, IZA has focused on the potential impact and outcomes of the COVID-19 pandemic.
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