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Persistent link: https://www.econbiz.de/10010847149
Historically, fishers have been embodied among rural primary producers, and they have been largely overlooked in … up the challenge to analyze the theoretical basis and argues in favour of why fishers do deserve a separate analytical … treatment. We observed that, despite some commonalities, interactions, and dependencies between fishers and peasants as rural …
Persistent link: https://www.econbiz.de/10010925599
were young fishers in Ghana. We find that the introduction of the possibility to ostracise other members of a group at a …
Persistent link: https://www.econbiz.de/10008563332
The Fourth Fisheries project in Bangladesh has been developed as part of the comprehensive fisheries policy implemented by the Government of Bangladesh. The project hopes to generate economic benefits while being financially sustainable. The fishermen stand to gain considerably as they can reap...
Persistent link: https://www.econbiz.de/10010562478
We present a method that dynamically designs elicitation questions for estimating risk and time preference parameters. Typically these parameters are elicited by presenting decision makers with a series of static choices between alternatives, gambles, or delayed payments. The proposed method...
Persistent link: https://www.econbiz.de/10010990554
One main motive behind lengthy prison terms for serious crime is to deter potential offenders from engaging in crime. Yet, economic theory predicts that the scope for punishment as acting as a deterrent depends on how much individuals discount future events when balancing the immediate utility...
Persistent link: https://www.econbiz.de/10010884153
This paper uses insights from behavioral economics to explain a particularly surprising borrowing phenomenon: one in six undergraduate students offered interest-free loans turns them down. Models of impulse control predict that students may optimally reject subsidized loans to avoid excessive...
Persistent link: https://www.econbiz.de/10011010045
Several studies have shown that people greatly discount future benefits and costs, but few have examined how discounting is manifested in strategic settings. This paper investigates the degree to which the timing of payments affects behavior in four commonly studied strategic settings: a...
Persistent link: https://www.econbiz.de/10011220547
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Persistent link: https://www.econbiz.de/10011268673
This paper considers a number of parallels between risky and intertemporal choice. We begin by demonstrating a one-to-one correspondence between the behavioral violations of the respective normative theories for the two domains (i.e., expected utility and discounted utility models). We argue...
Persistent link: https://www.econbiz.de/10009214615