We estimate the impact of Kenya's post-election crisis on individual risk preferences. The crisis interrupted a longitudinal survey of more than five thousand Kenyan youth, creating plausibly exogenous variation in exposure to civil conflict by the time of the survey. We measure individual risk...

An unprecedented number of refugees from Syria has sought refuge in both the Middle East as well as in Europe since the beginning of the civil war in Syria in 2011. Refugees do not only bring patterns of behavior they have acquired over their childhood and adolescence with them but also the –...

We estimate the impact of Kenya's post-election crisis on individual risk preferences. The crisis interrupted a longitudinal survey of more than five thousand Kenyan youth, creating plausibly exogenous variation in exposure to civil conflict by the time of the survey. We measure individual risk...

A solidarity game was conducted where participants were able to choose between two lotteries with same expected values. However, in one lottery, the risky one, participants faced a higher probability to receive no endowment. The winners were then able to discriminate between subjects risk...

We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an incentivized investment task. We compare these choices to two benchmark treatments: one with isolated individual choices, and a second with group choice after communication. Our...

This paper examines the effect of peers on individual risk taking. In the absence of informational motives, we investigate why social utility concerns may drive peer effects. We test for two main channels: utility from payoff differences and from conforming to the peer. We show experimentally...