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...