This paper analyzes how cultural factors shape risk attitudes and subsequently alter its relationship with economic welfare. The research sample is comprised by a three wave balanced panel data set of 588 ethnically diverse households collected between 2008 and 2013 in the Central Vietnam....

In this paper, we compare experimentally measured individual risk attitudes and survey-based risk items for rural households in the province of Dak Lak in Southern Vietnam. In particular, we test whether the survey-based measure can be validated by a risk experiment among different ethnic...

This paper analyzes how cultural factors shape risk attitudes and subsequently alter its relationship with economic welfare. The research sample is comprised by a three wave balanced panel data set of 588 ethnically diverse households collected between 2008 and 2013 in the Central Vietnam....

In this paper, we compare experimentally measured individual risk attitudes and survey-based risk items for rural households in the province of Dak Lak in Southern Vietnam. In particular, we test whether the survey-based measure can be validated by a risk experiment among different ethnic...