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文章基本信息

  • 标题:Do Changing Probabilities or Payoffs in Lottery-Choice Experiments Affect Risk Preference Outcomes? Evidence from Rural Uganda
  • 本地全文:下载
  • 作者:Hanna Julia Ihli ; Brian Chiputwa ; Oliver Musshoff
  • 期刊名称:Journal of Agricultural and Resource Economics
  • 印刷版ISSN:1068-5502
  • 出版年度:2016
  • 卷号:41
  • 期号:2
  • 页码:324-345
  • 出版社:WAEA
  • 摘要:This study compares risk preferences elicited from two different methods and the resultinginconsistency rates in response behavior. We also identify and compare how demographic andsocioeconomic characteristics influence risk preferences elicited from the two methods. We useexperimental and survey data collected from 332 randomly selected smallholder coffee farmersin Uganda. We find relatively low inconsistency rates in the response behavior and that bothmethods classify most farmers as risk averse. However, a closer inspection reveals significantlydifferent risk results. Specific demographic and socioeconomic characteristics affect farmers’ riskpreferences but are not stable across elicitation methods.
  • 关键词:elicitation of risk preferences; inconsistency rates; laboratory experiment in the field;Uganda
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