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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19534 |
来源ID | Working Paper 19534 |
Risk-Taking Behavior in the Wake of Natural Disasters | |
Lisa Cameron; Manisha Shah | |
发表日期 | 2013-10-17 |
出版年 | 2013 |
语种 | 英语 |
摘要 | We investigate whether experiencing a natural disaster affects risk-taking behavior. We conduct standard risk games (using real money) with randomly selected individuals in rural Indonesia. We find that individuals who recently suffered a flood or earthquake exhibit more risk aversion. Experiencing a natural disaster causes people to perceive that they now face a greater risk of a future disaster. We conclude that this change in perception of background risk causes people to take fewer risks. We provide evidence that experimental risk behavior is correlated with real life risk behavior, highlighting the importance of our results. |
主题 | Microeconomics ; Economics of Information ; Development and Growth ; Development ; Environmental and Resource Economics ; Environment |
URL | https://www.nber.org/papers/w19534 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577209 |
推荐引用方式 GB/T 7714 | Lisa Cameron,Manisha Shah. Risk-Taking Behavior in the Wake of Natural Disasters. 2013. |
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