Risk preferences under heterogeneous environmental risk

Research output: Working paperWorking papers

Authors

We study risk preferences and their determinants for commercial cattle farmers in Namibia who are subject to high and heterogeneous precipitation risk, using data from questionnaire and field experiments, simulated data for on-farm precipitation risk and data on famers’ previous place of residence. We find that the relationship between risk preferences and precipitation risk is contingent on early-life experience with this risk. We also find that adult farmers self-select themselves onto farms according to their risk preferences. Results are not confounded by background risks or liquidity constraint.
Original languageEnglish
Place of PublicationLüneburg
PublisherInstitut für Volkswirtschaftslehre der Universität Lüneburg
Number of pages37
Publication statusPublished - 2011

    Research areas

  • Economics - risk preferences, environmental risk, experimental elicitation, endogenous preferences, self-selection, field experiment
  • Gender and Diversity

Documents

Recently viewed

Activities

  1. Journal of the Association for Information Science and Technology (Fachzeitschrift)
  2. Rethinking “Identity Politics” and Social Movements
  3. Professional School (Organisation)
  4. Electronics (Zeitschrift)
  5. Johns Hopkins Universität
  6. Thinking about the future and taking responsibility for oneself, others, and society
  7. Organization Studies (Fachzeitschrift)
  8. Corruption and Trust: A model design
  9. Projekt "Transformation - Kultur - Geschlecht"
  10. Moderator im Panel „Dimensions of learning for a degrowth society”
  11. Momentum - The Psychological Forces Underlying Exploration and Exploitation
  12. Zootechnologies. A Media History of Swarm Intelligence
  13. The use of digital communication media for cross-border knowledge transfer: Influencing the expatriation process
  14. Interdisciplinary Perspectives on Motivated Cognition
  15. 6. Leuphana Konferenzwoche 2015
  16. Intraorganizational Tensions Around Being Good: Explaining (De-)coupling of Purchasing and CSR in Garment Brands and Retailers
  17. How important are SDGs for teacher educators? – Engage educators in a global landscape: Mapping the terrain with a case study of a pilot professional development program from Ethiopia
  18. The Chronostratigraphy and environmental development of the Middle Pleistocene sequence of Schöningen.
  19. Technological Forecasting and Social Change (Fachzeitschrift)
  20. College (Organisation)
  21. Reviewing for the Academy of Management Conference (ODC)
  22. Journal of Organizational Behavior (Zeitschrift)
  23. Going Green - Teaching Sustainability in the English as a Foreign Language Classroom
  24. Panel Moderation “Decolonizing Classical Music?! Musicians from the Global South on the European Stage”
  25. 6th Critical Transitions in Complex Systems Workshop - CRITICS 2019
  26. Translating for children : what, for whom, how, and why.
  27. Einsatz des Transkriptionstools Transana
  28. 37th EGOS Colloquium - EGOS 2021
  29. Evaluator of the PhD Thesis of Ngoc Danh Dang and member of the commission of the final examination
  30. Contemporary conceptual challenges to the rule of law
  31. n-1. Swarming zwischen kollektiver Kollaboration und Computersimulation
  32. Visualisieren des Textverständnisses
  33. At-Risk Students in Large Scale Assessments
  34. Cultural Dimensions of Sustainability
  35. SASE 2021 – Virtual Conference
  36. Master Class Under Guidance of Prof. Anne Burns