Academy of Finland
Funding decision
Applicant / Contact person Suhonen, Niko
Organisation University of Eastern Finland
Project title
Do IQ and personality predict risk-taking behaviour? - An empirical real-world study using gambling account data
Decision No. 331102
Decision date 28.05.2020
Funding period 01.09.2020 - 31.08.2024
Funding 478 754
WebFOCUS Report
Project description
This research project investigates how individuals’ cognitive abilities, personality traits and socioeconomic background predict their risk preferences and behaviour in gambling markets. We use a unique data set which combines socioeconomic registry data on the Finnish population, player account data on horse race betting, and the Finnish Defence Forces’ cognitive ability and personality traits test data on conscripts. Our approach allows for drawing conclusions about individual behaviour in an actual market setting with a rich set of controllable attributes. Our findings provide novel insights into decision making under risk and gambling behaviour. The results can be applied in analyses of financial decision making and gambling markets.