I am trying to setup Android Studio on my Mac. It is running OSX 10.9.1 Mavericks. I have installed the latest JDK (at the time of writing 1.7 update 45), and I installed Androi
mgamerz is right - The release notes give a much better solution for rc3 and onwards - theres a idea.properties file (or environment variable)
~/Library/Preferences/AndroidStudio/idea.properties
it also shows what environment variables you can use to set things like the jdk
export STUDIO_JDK=/Library/Java/JavaVirtualMachines/jdk1.7.0_67.jdk
ref : http://tools.android.com/recent/androidstudio1rc3_releasecandidate3released