Risk-aversion has generally been found to decrease in income. This may lead one to expect that poor countries will be more risk-averse than rich countries. Recent comparative findings with students, however, suggest the opposite, giving rise to a risk-income paradox. This paper tests this...

Risk aversion has generally been found to decrease in income or wealth. This may lead one to expect that poor countries will be more risk averse than rich countries. Recent comparative findings with students, however, suggest the opposite, giving rise to a riskincome paradox. We test this...

Risk aversion has generally been found to decrease in income or wealth. This may lead one to expect that poor countries will be more risk averse than rich countries. Recent comparative findings with students, however, suggest the opposite, giving rise to a riskincome paradox. We test this...

Risk-aversion has generally been found to decrease in income. This may lead one to expect that poor countries will be more risk-averse than rich countries. Recent comparative findings with students, however, suggest the opposite, giving rise to a risk-income paradox. This paper tests this...

This paper reports on electronically-monitored improved use of the "Mirt" biomass stove in Ethiopia over a relatively long period of three-and-a-half years, using stove use data collected at five points in time. The results show that 62 percent of the households surveyed still retained their...

There is a growing effort in the non-market valuation literature toward better understanding of the stability and evolution of preferences over time. The study uses a novel approach combining a repeated choice experiment with a randomized controlled trial on stove adoption in Ethiopia to analyze...

This paper investigates household preferences for improved cook stoves using a choice experiment administered in rural Ethiopia, and the cost-effectiveness of an improved stove for reducing global greenhouse gas emissions. In Ethiopia, about 96 percent of household energy demand is fulfilled by...

This paper provides field experiment–based evidence on the potential additional forest carbon sequestration that cleaner and more fuel-efficient cookstoves might generate. The paper focuses on the Mirt (meaning “best”) cookstove, which is used to bake injera, the staple food in Ethiopia....

A significant portion of the world’s forests that are eligible for Reducing Emission from Deforestation and Forest Degradation, known as REDD , payments are community managed forests. However, there is little knowledge about preferences of households living in community managed forests for...

This paper uses a randomized experimental design and real-time electronic stove use monitors to evaluate the frequency with which villagers use improved biomass-burning Mirt injera cookstoves in rural Ethiopia. Understanding whether, how much, and why improved cookstoves are used is important,...