Metrics seeking to predict financial risk-taking behaviors typically
exhibit limited validity. This is due to the fluid nature of an
individual’s risk taking, and the influence of the mode and medium,
which presents a decision. This paper presents two experiments that
investigate how an existing risk elicitation task’s predictive capacity
may be enhanced through the application of an interactive model of
visual reasoning in a digitized version. In the first experiment, 60
participants demonstrated their reasoning process. In the second
experiment, 225 participants were randomly assigned into three
groups, with the validated risk elicitation task compared as a control
to interactive digital and non-interactive digital stimuli with pie
charts. The experiments yielded significant results, highlighting that
when participants interact with a graph to reason their choices, it
leads to consistent choices. The findings have implications for
improvement of the risk task's validity and the deployment of digital
interactive assessments beyond laboratory settings.