Logo
Munich Personal RePEc Archive

On the sources of risk preferences in rural Vietnam

Dang, Duc Anh (2012): On the sources of risk preferences in rural Vietnam.

[thumbnail of MPRA_paper_38058.pdf]
Preview
PDF
MPRA_paper_38058.pdf

Download (606kB) | Preview

Abstract

In this paper, I provide a new empirical evidence that natural environment can shape individual risk preferences. By combining historical data on climate variation and contemporary survey questions on risk aversion, I find that risk aversion is significantly different for people who live in areas that have suffered high frequency of natural disaster. In particular, individuals highly affected by climate volatility show a long term risk aversion.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.