This research seeks to understand whether and how m-money can promote financial inclusion of the world's poor, particularly those living in rural areas. In particular, the purpose of this research is to address some of the potential barriers to m-money adoption and usage in Ghana, with a goal...

Estimating risk preferences is tricky because controlling for confounding factors is difficult. Omitting or imperfectly controlling for these factors can attribute too much observable behaviour to risk aversion and bias estimated preferences. Agents often modify risky decisions in response to...

Temporal climate risk weighs heavily on many of the world's poor. Model-based climate forecasts could benefit such populations, provided recipients use forecast information to update climate expectations. We test whether pastoralists in southern Ethiopia and northern Kenya update their...

A recurring theme in development economics is that risk affects individual production, consumption, exchange, and investment behaviors in ways that ultimately shape income and wealth distributions. Arrow's Decreasing Absolute Risk Aversion conjecture implies that the poor prefer low return, low...