The aim of this study is to see whether a person's risk premium can be predicted using psychometric tests that assess areas like successful economic decision-making, self-control, openness to experience, self sacrifice, and a giving attitude. We also compared behavioral indicators to economic metrics, as well as various age and gender categories, to see if the former would predict loan default. The outcomes of 1118 borrowers' psychological testing, financial details, and loan default information were collected from lender applications on cell devices for this study.
