We obtain rich measures of risk preferences of poor farmers in Vietnam, and estimate structural models that capture risk preferences over different probability levels and across different domains (gains and losses). The results break radically with the previous literature on risk preferences, in...

The aim of this paper is to discuss the external and internal validity of the newly created Immigration Policies in Comparison (IMPIC) dataset. After presenting its theoretical conceptualization, we compare the IMPIC to other datasets in this policy field. Next, using a variant of principal...

Whether pro-social preferences identified in economic laboratories survive in natural market contexts is an important and contested issue. We find that the willingness to buy at a higher price when higher wages are paid to the worker in a laboratory experiment framed as a market exchange...