Risk preferences under extreme poverty : a field experiment

Until now, the dominant belief concerning the relationship between poverty and risk aversion is that the poor are more risk averse. If the poor are more risk averse, then they will choose "low risk-low return" activities that trap them in poverty. However, both empirical and experimental e...

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Detalles Bibliográficos
Autor Principal: Caballero Orozco, Gustavo Adolfo
Formato: Desconocido (Unknown)
Lenguaje:Inglés (English)
Publicado: Universidad de los Andes, Facultad de Economía, CEDE 2018
Materias:
Acceso en línea:http://hdl.handle.net/1992/8209