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In this paper, we explore the linkage between two related concepts describing an individual's attitude towards risk, namely, financial risk tolerance (FRT) and risk aversion. The former is measured from survey data and the latter from data from lottery experiments. Specifically, we follow a two stage process: (1) we obtain FRT scores from a psychometrically-validated survey on a sample of 162 people; and (2) we conduct a battery of lottery choice experiments on the same people. The second stagedoi:10.2139/ssrn.946679 fatcat:ylvjfyqe6fasfaw7ury54va2j4