Background and Objectives: Patience and wisdom are highly respected moral virtues in Islamic culture. The former (patience) is of utmost importance in the Islamic religion and the latter (wisdom) is one of the six basic virtues both in the recent classification of positive psychologists and Islamic-Iranian culture. These moral virtues are considered important in individuals’ wellbeing and can h...

BACKGROUND While the role of some personality traits has been comprehensively explored, scientific study of others, such as patience has been neglected. Psychologists have paid scant attention to patience as a personality trait, character strength or virtue. OBJECTIVES The current study examined the relationship between patience and life satisfaction, mental health, and personality. MATERIA...

Behavioral financial knowledge deals with the behavior of investors and other users in the capital market. According to the financial knowledge, it is no longer expected that only factors such as accounting information and macroeconomic variables will affect decision-making but also a variety of behavioral variables including manager’s optimism, information influence management, patience of maj...

Recent policy initiatives offer cash payments to children (and often their families) to induce better health and educational choices. These policies implicitly assume that children are especially impatient (i.e., have high discount rates); however, little is known about the nature of children's patience, how it varies across children, and whether children can even make rational intertemporal ch...

For matrix games we study how small nonzero probability must be used in optimal strategies. We show that for n × n win-lose-draw games (i.e. (−1, 0, 1) matrix games) nonzero probabilities smaller than n are never needed. We also construct an explicit n × n win-lose game such that the unique optimal strategy uses a nonzero probability as small as n. This is done by constructing an explicit (−1, ...