Arbeitspapier
Attitudes toward uncertainty among the poor: evidence from rural Ethiopia
We looked at risk and ambiguity attitudes among Ethiopian peasants in one of the poorest regions of the world and compared their attitudes to a standard Western university student sample elicited by the same decision task. Strong risk aversion and ambiguity aversion were found with the Ethiopian peasants. Ambiguity aversion was similar for peasants and students, but peasants were more risk averse. Testing for the effect of socio-economic variables on uncertainty attitudes showed that poor health increased both risk and ambiguity aversion.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 4225
- Klassifikation
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Field Experiments
Microeconomic Analyses of Economic Development
- Thema
-
Risk attitudes
ambiguity attitudes
poverty
cultural differences
Landwirte
Risikoaversion
Ländliche Armut
Äthiopien
Vergleich
Studierende
Westliche Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Akay, Alpaslan
Martinsson, Peter
Medhin, Haileselassie
Trautmann, Stefan T.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Akay, Alpaslan
- Martinsson, Peter
- Medhin, Haileselassie
- Trautmann, Stefan T.
- Institute for the Study of Labor (IZA)
Entstanden
- 2009
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