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Can Crop Purchase Programs Reduce Poverty and Improve Welfare in Rural Communities? Evidence from the Food Reserve Agency in Zambia
Fung, Winnie; Liverpool-Tasie, Saweda; Mason, Nicole; … - 2015
of these programs. This article considers one such program, the Zambian Food Reserve Agency (FRA), which purchases maize … from smallholder farmers at a pan-territorial price that typically exceeds maize market prices in surplus production areas … effects of the FRA's maize marketing activities on smallholder farm household welfare. Results suggest that FRA activities …
Persistent link: https://www.econbiz.de/10011401632
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Risk tolerance and entrepreneurship
Hvide, Hans K.; Panos, Georgios A. - 2013
A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but perform worse. We test these predictions with two risk tolerance proxies: stock market participation and personal leverage. Using investment data for 400,000 individuals, we...
Persistent link: https://www.econbiz.de/10010293212
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Risk Attitudes and Migration
Akgüc, Mehtap; Liu, Xingfei; Tani, Massimiliano; … - 2015
To contribute to a scarce literature, in particular for developing and emerging economies, we study the nature of measured risk attitudes and their consequences for migration. We also investigate whether substantial changes in the risk environment influences risk tolerance. Using the 2009 RUMiC...
Persistent link: https://www.econbiz.de/10011401613
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Hiring a Homosexual, Taking a Risk? A Lab Experiment on Employment Discrimination and Risk Aversion
Baert, Stijn - 2015
We investigate risk aversion as a driver of labour market discrimination against homosexual men. We show that more hiring discrimination by more risk-averse employers is consistent with taste-based and statistical discrimination. To test this hypothesis we conduct a scenario experiment in which...
Persistent link: https://www.econbiz.de/10011401807
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Psychological Incentives, Financial Incentives, and Risk Attitudes in Tournaments: An Artefactual Field Experiment
Cadsby, Bram; Engle-Warnick, Jim; Fang, Tony; Song, Fei - 2015
Tournaments are widely used to assign bonuses and determine promotions because of the link between relative performance and rewards. However, performing relatively well (poorly) may also yield psychological benefits (pain). This may also stimulate effort. Through a real-effort artefactual field...
Persistent link: https://www.econbiz.de/10011420737
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Migration, Risk Attitudes, and Entrepreneurship: Evidence from a Representative Immigrant Survey
Batista, Catia; Umblijs, Janis - 2013
Do more risk loving migrants opt for self-employment? This is a question especially relevant for policymakers designing selective immigration policies in countries of destination. In order to provide a rigorous answer to it, we use a novel vignette-adjusted measure of risk preferences in the...
Persistent link: https://www.econbiz.de/10010328882
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Does Patience Matter for Marriage Stability? Some Evidence from Italy
De Paola, Maria; Gioia, Francesca - 2013
Time preferences can affect divorce probability both affecting the quality of the match and affecting the spouses' reactions to negative shocks. We analyze the relationship between time preferences and divorce decisions using data from the Italian Survey on Household Income and Wealth, which...
Persistent link: https://www.econbiz.de/10010328886
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Preferences and Biases in Educational Choices and Labor Market Expectations: Shrinking the Black Box of Gender
Reuben, Ernesto; Wiswall, Matthew; Zafar, Basit - 2013
Standard observed characteristics explain only part of the differences between men and women in education choices and labor market trajectories. Using an experiment to derive students' levels of overconfidence, and preferences for competitiveness and risk, this paper investigates whether these...
Persistent link: https://www.econbiz.de/10010328926
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Confucianism and Preferences: Evidence from Lab Experiments in Taiwan and China
Liu, Elaine M.; Meng, Juanjuan; Wang, Joseph Tao-yi - 2013
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...
Persistent link: https://www.econbiz.de/10010329049
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Female-Led Firms: Performance and Risk Attitudes
Parrotta, Pierpaolo; Smith, Nina - 2013
This paper investigates the relationship between gender of the CEO and composition of the board of directors (female chairman and share of women in the boardroom) and firm's risk attitudes measured as variability in four firm outcome variables (investments, profits, return to equity, and sales)....
Persistent link: https://www.econbiz.de/10010329169