“Analysis into Experimental Validation of Individual Risk, Impulse and Patience Levels.”
Stokes, J P R (2014) “Analysis into Experimental Validation of Individual Risk, Impulse and Patience Levels.”. [Dissertation (University of Nottingham only)] (Unpublished)
This paper studies risk, impulse and patience attitudes using a representative survey combined with a complementary laboratory experiment. The sample is comprised of an even proportion of the British Isles. Using general questions regarding individual’s willingness to take risks “in general” and “financially” and their impulsiveness and patience it is found that age, sex, religion, frequency of religious practice and nationality all have an economically significant impact on at least one of these factors. However the validity of survey results is called into question when the responses are correlated with findings in laboratory experiments.
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