Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/37449 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorOlbrich, Rolanden
dc.contributor.authorBaumgärtner, Stefanen
dc.contributor.authorQuaas, Martin F.en
dc.contributor.authorHaensler, Andreasen
dc.date.accessioned2010-08-11T08:53:31Z-
dc.date.available2010-08-11T08:53:31Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/37449-
dc.description.abstractWe elicit risk preferences and their determinants through a survey and field experiments for cattle farmers in Namibia who are subject to heterogeneous environmental risk. Survey data is complemented with precipitation data simulated by a climate model to analyze the relationship between risk preferences and individual precipitation risk. We find that risk aversion is inversely related to precipitation risk. When considering individual opportunity sets we find that background risk is not heterogeneous and that liquidity constraints do not influence risk aversion. The observed pattern in behavior towards risk and the interaction with environmental risk can thus be attributed to preferences.en
dc.language.isoengen
dc.publisher|aVerein für Socialpolitik |cFrankfurt a. M.en
dc.relation.ispartofseries|aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Measuring Risk Preferences |xG6-V1en
dc.subject.jelD81en
dc.subject.jelQ12en
dc.subject.jelQ57en
dc.subject.ddc330en
dc.subject.keywordrisk preferencesen
dc.subject.keywordenvironmental risken
dc.subject.keywordexperimental elicitationen
dc.titleRisk preferences under heterogeneous environmental risk-
dc.typeConference Paperen
dc.identifier.ppn655934715en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.