This paper explores the risk preferences of peasant household heads in the village of Gara Godo, Southern Ethiopia. Using experimental data, generalisations of expected utility are tested. For a number of respondents, the generalisations perform better than expected utility when assessed by...

There exist large variations in juvenile sex ratios across districts and social groups in India. Economic and cultural factors have been advanced as contending explanations for these variations. We propose a household optimization model that integrates cultural explanations with economic ones....

Comparing aid flows in the 1990s with those from the 1970s make it clear that there are now many more countries receiving what may be termed "high aid" (say in excess of 30 percent of GNP) and that there has emerged a group of countries receiving very high aid. Whilst never formally considered...