Akay, Alpaslan; Martinsson, Peter; Medhin, Haileselassie; … - In: Theory and Decision 73 (2012) 3, pp. 453-464
We investigate risk and ambiguity attitudes among Ethiopian farmers in one of the poorest regions of the world. Strong risk aversion and ambiguity aversion were found with the Ethiopian farmers. We compared their attitudes to those of a Western university student sample elicited by the same...