The paper reports the result of an experimental game on asset integration and risk taking. We find evidence that … winnings in earlier rounds affect risk taking in subsequent rounds, but no evidence that real life wealth outside the … experiment affects risk taking. We find some evidence of imitation of the risk taking behavior of others that is distinct from …

by the presence of price and yield risk. We estimate reduced-form and structural models of crop choices. Although we … cannot reject the hypothesis that village members efficiently share risk among themselves, production choices are shown to … depend on risk. Existing risk sharing and self-insurance mechanisms thus imperfectly protect Punjab farmers against village …

The paper reports the result of an experimental game on asset integration and risk taking. We find evidence that … winnings in earlier rounds affect risk taking in subsequent rounds, but no evidence that real life wealth outside the … experiment affects risk taking. We and some evidence of imitation of the risk taking behavior of others that is distinct from …

by the presence of price and yield risk. We estimate reduced-form and structural models of crop choices. Aithough we … cannot reject the hypothesis that village members efficiently share risk among themselves, production choices are shown to … depend on risk. Existing risk sharing and self-insurance mechanisms thus imperfectly protect Punjab farmers against village …

-sections between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested …. Using a unique panel data set for four African countries we find strong evidence of risk sharing. Workers in effect offer … insurance to employers: when firms are hit by temporary shocks the effect on profits is cushioned by risk sharing with workers …