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  1. ディスカッション・ペーパー
  2. 2011年度

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/10.24545/00001076
7531b169-96bd-43de-bcff-90c1412071e1
名前 / ファイル ライセンス アクション
DP11-19.pdf DP11-19.pdf (1.1 MB)
Item type ディスカッションペーパー / Discussion Paper(1)
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

en TANAKA, Yuki

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MUNRO, Alistair

× MUNRO, Alistair

en 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
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
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