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REGIONAL VARIATION IN RISK AND TIME PREFERENCES: EVIDENCE FROM A LARGE-SCALE FIELD EXPERIMENT IN RURAL UGANDA
https://doi.org/10.24545/00001076
https://doi.org/10.24545/000010767531b169-96bd-43de-bcff-90c1412071e1
名前 / ファイル | ライセンス | アクション |
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Item type | ディスカッションペーパー / Discussion Paper(1) | |||||||||
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公開日 | 2012-01-23 | |||||||||
タイトル | ||||||||||
タイトル | REGIONAL VARIATION IN RISK AND TIME PREFERENCES: EVIDENCE FROM A LARGE-SCALE FIELD EXPERIMENT IN RURAL UGANDA | |||||||||
言語 | en | |||||||||
言語 | ||||||||||
言語 | eng | |||||||||
資源タイプ | ||||||||||
資源タイプ | technical report | |||||||||
ID登録 | ||||||||||
ID登録 (DOI) | 10.24545/00001076 | |||||||||
ID登録タイプ | JaLC | |||||||||
著者 |
TANAKA, Yuki
× TANAKA, Yuki
× MUNRO, Alistair
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著者別名 | ||||||||||
識別子Scheme | WEKO | |||||||||
識別子 | 6578 | |||||||||
姓名 | 田中, 由紀 | |||||||||
言語 | ja | |||||||||
著者所属 | ||||||||||
値 | 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||||
著者所属 | ||||||||||
値 | 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||||
分野 | ||||||||||
内容記述タイプ | Other | |||||||||
内容記述 | 経済学 / Economics | |||||||||
抄録 | ||||||||||
内容記述タイプ | Abstract | |||||||||
内容記述 | Experiments measuring risk and time preferences in developing countries have tended to have relatively small samples and geographically concentrated sampling. This large-scale field experiment uses a Holt-Laury mechanism to elicit the preferences of 1289 randomly selected subjects from 94 villages covering six out of seven agro-climatic zones across rural Uganda. As in previous studies we find evidence of risk aversion and loss aversion amongst most subjects. In addition we find significant heterogeneity in risk attitudes across agro-climatic zones. Especially, the farmers in the agro-climatically least favourable zone, the uni-modal rainfall zone, are the most risk averse, loss averse and impatient. We also find significant relationships between risk attitudes and village level predictors such as the distance to town and the road conditions. After controlling for the village level factors, we find that the level of schooling still positively correlates with the individual’s level of loss tolerance and patience. The main results are not altered by allowing for probability weighting in subjects’ choices. Overall the results provide clear evidence that within one country there may be significant regional variations in risk and time attitudes. We conjecture that the agro-climatic conditions that affect farmers’ livelihoods may also affect their risk and time preferences and village level development in infrastructure could improve the household perception of investment related policies. | |||||||||
発行年 | ||||||||||
値 | 2012-01 | |||||||||
書誌情報 |
en : GRIPS Discussion Papers Report No. DP11-19, 発行日 2012-01-23 |
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出版者 | ||||||||||
出版者 | GRIPS Policy Research Center | |||||||||
言語 | en | |||||||||
関連サイト | ||||||||||
関連タイプ | isIdenticalTo | |||||||||
識別子タイプ | URI | |||||||||
関連識別子 | https://ideas.repec.org/p/ngi/dpaper/11-19.html | |||||||||
関連名称 | https://ideas.repec.org/p/ngi/dpaper/11-19.html | |||||||||
著者情報 | ||||||||||
内容記述タイプ | Other | |||||||||
内容記述 | https://www.grips.ac.jp/list/jp/facultyinfo/munro_alistair/ | |||||||||
著者版フラグ | ||||||||||
出版タイプ | AM | |||||||||
出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa |