Roszkowski, Michael J.; Cordell, David M. - In: International Journal of Behavioural Accounting and Finance 1 (2009) 2, pp. 111-134
We examined the temporal stability of financial risk tolerance in a sample of 36 students enrolled in an undergraduate financial planning program who had taken the test on the same day but took the retest anywhere from 269 days to 814 days later. Relative stability was around .56 after a period...