Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/284740 
Year of Publication: 
2021
Citation: 
[Journal:] Review of Financial Economics [ISSN:] 1873-5924 [Volume:] 40 [Issue:] 1 [Year:] 2021 [Pages:] 97-114
Publisher: 
Wiley, Hoboken, NJ
Abstract: 
We empirically compared the consistency among different kinds of measures for risk‐taking and patience in a survey and an experiment. We evaluated how these variables relate to financial decisions, using a novel set of easy‐to‐apply survey questions as proxy. The main finding is that our results based on the novel survey questions describing financial behavior and on lifelike financial behavior in the laboratory are very similar. Therefore, relatively low‐cost elicitation measures may be used to forecast decision making, which, in turn, may be described by our novel set of survey questions.
Subjects: 
decision making
preferences
risk attitude
time preferences
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article
Document Version: 
Published Version

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