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We looked at risk and ambiguity attitudes among Ethiopian peasants in one of the poorest regions of the world and compared their attitudes to a standard Western university student sample elicited by the same decision task. Strong risk aversion and ambiguity aversion were found with the Ethiopian...
Persistent link: https://www.econbiz.de/10005004556
We studied whether relative income has an impact on subjective well-being among extremely poor people. Contrary to the findings in developed countries, where relative income has shown a significant and negative impact on subjective well-being, we cannot reject the hypothesis that relative income...
Persistent link: https://www.econbiz.de/10005703003
We investigate attitudes toward positionality among rural farmers in Northern Ethiopia using a survey experiment. On average, we find very low positional concerns both for income per se and for income from aid projects. The results support the claim that positional concerns are positively...
Persistent link: https://www.econbiz.de/10010574030
This paper analyses whether individuals are influenced by the day of the week when reporting subjective well-being. By using a large panel data set and controlling for observed and unobserved individual characteristics, we find a large day-of the-week effect. Overall, we find a 'blue' Sunday...
Persistent link: https://www.econbiz.de/10008574587
We studied whether relative income has an impact on subjective well-being among extremely poor people. Contrary to the findings in developed countries, we cannot reject the hypothesis that relative income has no impact on subjective well-being in rural areas of northern Ethiopia.<p>
Persistent link: https://www.econbiz.de/10008752884
We studied whether relative income has an impact on subjective well-being among extremely poor people. Contrary to the findings in developed countries, we cannot reject the hypothesis that relative income has no impact on subjective well-being in rural areas of northern Ethiopia.
Persistent link: https://www.econbiz.de/10008866851
Concerns for environmental quality and its impact on people's welfare are fundamental arguments for the adoption of environmental legislation in most countries. In this paper, we analyze the relationship between air quality and subjective well-being in Europe. We use a unique dataset that merges...
Persistent link: https://www.econbiz.de/10011043759
Persistent link: https://www.econbiz.de/10010055353
Using an open-ended contingent valuation survey, we analyze how (i) experience of a power outage due to one of the worst storms ever to hit Sweden and (ii) a cheap talk script affect respondents' WTP to avoid power outages. Experience significantly increases and a cheap talk script decreases the...
Persistent link: https://www.econbiz.de/10003879341
We investigated attitudes toward positionality among rural farmers in Northern Ethiopia, using a tailored survey experiment. On average, we found positional concerns neither in income per se nor in income from aid projects among the farmers. These results support the claim that positional...
Persistent link: https://www.econbiz.de/10003884087