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This study validates a survey-based measure of general risk attitude by an incentive compatible experiment among more than 900 participants in rural Thailand. The survey measure of self-assessed risk attitude provides a useful approximation of the experimentally derived risk attitude. This holds...
Persistent link: https://www.econbiz.de/10008908942
Persistent link: https://www.econbiz.de/10011432058
This study validates a survey-based measure of general risk attitude with an incentive compatible experiment with more than 900 participants in rural Thailand. The survey measure of self-assessed risk attitude provides a useful approximation of the experimentally derived risk attitude. This is...
Persistent link: https://www.econbiz.de/10010667737
This study validates a survey-based measure of general risk attitude by an incentive compatible experiment among more than 900 participants in rural Thailand. The survey measure of self-assessed risk attitude provides a useful approximation of the experimentally derived risk attitude. This holds...
Persistent link: https://www.econbiz.de/10008800255
This study validates a survey-based measure of general risk attitude by an incentive compatible experiment among more than 900 participants in rural Thailand. The survey measure of self-assessed risk attitude provides a useful approximation of the experimentally derived risk attitude. This holds...
Persistent link: https://www.econbiz.de/10010289009
This study validates a survey-based measure of general risk attitude by an incentivecompatible experiment among more than 900 participants in rural Thailand. The surveymeasure of self-assessed risk attitude provides a useful approximation of the experimentallyderived risk attitude. This holds...
Persistent link: https://www.econbiz.de/10009302597
A major risk factor for rural areas in emerging market economies, such as Thailand and Vietnam, can be attributed to climate change. Adoption of effective ex-ante mitigation strategies is a function of socio-economic household and location characteristics including, among others, the decision...
Persistent link: https://www.econbiz.de/10009226378
Vulnerability to poverty is an important social indicator of well-being. Yet, comparisons of vulnerability over time or space lack robustness as long as they are based on single measures or use specific poverty lines. We demonstrate that a distributional analysis, based on stochastic dominance...
Persistent link: https://www.econbiz.de/10010868903
Several measures of vulnerability to poverty have been suggested in the literature. In practice, only little is known about the robustness of vulnerability comparisons based on these often quite specific measures. The theory of stochastic orders can be applied to shed some light on such issues....
Persistent link: https://www.econbiz.de/10010270272
Several measures of vulnerability to poverty have been suggested in the literature. In practise, only little is known about the robustness of vulnerability comparisons based on these often quite specific measures. The theory of stochastic orders can be applied to shed some light on such issues....
Persistent link: https://www.econbiz.de/10010301544