context, marketing traditional food crops poses an important income alternative. The present study aims to contribute to the …

In this paper we propose a new measure of vulnerability called vulnerability to downside risk. The relevant benchmark …) axiomatic measure of vulnerability to poverty. We apply a measure of both vulnerability to downside risk and to poverty to data … substantially between different wealth groups. Consequently, the relation between initial wealth and vulnerability to downside risk …

of capital stocks of MSEs in poor economies focusing on credit constraints and risk. The analysis is based on a unique … capital stocks in the early lifetime of MSEs. Furthermore, the analyses show that risk plays a key role for capital … accumulation. Risk-averse individuals seem to adjust their initially low capital stocks upwards when enterprises grow older. MSEs …

economically relevant magnitude of about 60 percent. We also find evidence of aversion against political and macroeconomic risk as …

In this paper we propose an approach to vulnerability called perceived vulnerability to downside risk. We argue that … propose to use subjective risk perception as the source of information for quantifying vulnerability since it overcomes some … vulnerability to downside risk to risk perception data from Thailand and Vietnam and find that households in the latter country tend …

This paper looks at individual risk behavior and disability in Vietnam, where many households live with a disabled … who live with a disabled family member are more risk averse than others. In addition we employ field experiments and … psychological primes to elicit risk and loss behavior of individuals living in the Vietnam province Ha-Thinh. The experimental …