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Nhan đề: On the sources of risk preferences in rural Vietnam
Tác giả: Anh, Dang Duc
Từ khoá: Climate variation
Risk aversion
Năm xuất bản: 31-Jul-2012
Tùng thư/Số báo cáo: ANU working papers in economics and econometrics;
Tóm tắt: In this paper, I provide a new empirical evidence that natural environment can shape individual risk preferences. By combining historical data on climate variation and contemporary survey questions on risk aversion, I find that risk aversion is significantly different for people who live in areas that have suffered high frequency of natural disaster. In particular, individuals highly affected by climate volatility show a long term risk aversion.
Định danh:
ISBN: 08683-15931
Appears in Collections:Agriculture and rural development

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