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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26357 |
来源ID | Working Paper 26357 |
Poverty, Seasonal Scarcity and Exchange Asymmetries | |
Dietmar Fehr; Günther Fink; Kelsey Jack | |
发表日期 | 2019-10-07 |
出版年 | 2019 |
语种 | 英语 |
摘要 | A growing literature associates poverty with biases in decision-making. We investigate this link in a sample of over 3,000 small-scale farmers in Zambia, who participated in a series of experiments involving the opportunity to exchange randomly assigned household items for alternative items of similar value. Analyzing a total of 5,842 trading decisions over a range of household items, we show that exchange asymmetries are sizable and remarkably robust across items and experimental procedures. Using cross sectional, seasonal and randomized variation in financial resource availability, we show that exchange asymmetries decrease in magnitude when subjects are more constrained. Consistent with the interpretation that financial constraints increase decision stakes, we also show that trading probabilities increase when the value of the items involved is exogenously increased. |
主题 | Microeconomics ; Households and Firms ; Behavioral Economics ; Financial Economics |
URL | https://www.nber.org/papers/w26357 |
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/584028 |
推荐引用方式 GB/T 7714 | Dietmar Fehr,Günther Fink,Kelsey Jack. Poverty, Seasonal Scarcity and Exchange Asymmetries. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26357.pdf(775KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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