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...

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...

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...

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...

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....

We examine whether the experience of shocks influences individual risk attitude. We measure the risk attitude of more than 4,000 households in Thailand and Vietnam via a simple survey item. The experience of adverse shocks, which is typical for poor and vulnerable households, is related to a...

Are responses to a simple survey item sufficiently reliable in eliciting risk attitudes? Our angle in examining reliability is to conduct comparative research across Thailand and Vietnam. We find, first, that the survey item is informative about individual risk attitude because it is plausibly...

We examine whether the experience of shocks influences individual risk attitude. We measure risk attitude via a simple survey item, compiled among more than 4,000 households in Thailand and Vietnam. The experience of adverse shocks, which is typical for poor and vulnerable households, is related...

This paper examines the impact of climate variability and shocks on non-farm employment in rural areas of Northeast Thailand. The paper utilizes a large panel data set that includes detailed and retrospective information about shock experience and a corresponding twenty-year historical...

This paper investigates the causes for non-response and measurement errors in household panel surveys designed for assessing vulnerability to poverty in Thailand and Vietnam. Using data from surveys conducted in 2007 and 2008 we show that interview environment, timing, interviewer, and some...