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Until now, the dominant belief concerning the relationship between poverty and risk aversion is that the poor are more … poverty. However, both empirical and experimental evidence show no clear pattern such as would suggest that the poor are … from households living in poverty and extreme poverty wherein they participated in a baseline risk experiment that was the …
Persistent link: https://www.econbiz.de/10013132331
effectively design behaviorally informed interventions aimed at tackling energy poverty …Behavioral Economics has in recent years played a key role in informing the design of non-price interventions aimed at … applied setting have centered around the development of norm-based interventions. The success that these interventions have …
Persistent link: https://www.econbiz.de/10012827423
The need to address extreme poverty from the perspective of marginality arises from the frustration that the number of … poverty. We define marginality as an involuntary position and condition of an individual or group at the edge of social …, preventing the development of capabilities, and causing extreme poverty. Causal complexes tie the marginalized poor in systems …
Persistent link: https://www.econbiz.de/10010207457
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UK experience higher poverty rates than heterosexual and cis people. However, in these two regions, anti …
Persistent link: https://www.econbiz.de/10012698191
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have important welfare consequences: variable consumption,...
Persistent link: https://www.econbiz.de/10010339591
In this article, we analyze whether the financial strain of poverty systematically alters the allocation of attention …
Persistent link: https://www.econbiz.de/10012257368
This article analyzes the behavioral effects of cash transfer programs when jobless people need to have access to a minimum consumption level. Our model reconciles recent evidence about negligible or favorable effects of cash transfers on job-finding rates and the more standard view of negative...
Persistent link: https://www.econbiz.de/10012195781
This paper uses willingness to pay (WTP) data from a field experiment in Hyderabad, India in 2013 to determine whether non-monetary prices better target health products to the poor than monetary prices. Monetary WTP is increasing in income and non-monetary WTP is weakly decreasing in income....
Persistent link: https://www.econbiz.de/10011545165