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Does flood experience modify risk preferences? Evidence from an artefactual field experiment in Vietnam
| dc.rights.license | open | en_US |
| hal.structure.identifier | Toulouse School of Economics [TSE-R] | |
| dc.contributor.author | REYNAUD, Arnaud | |
| hal.structure.identifier | Groupe de Recherche en Economie Théorique et Appliquée [GREThA] | |
| dc.contributor.author | AUBERT, Cécile | |
| dc.date.accessioned | 2022-02-04T09:25:49Z | |
| dc.date.available | 2022-02-04T09:25:49Z | |
| dc.date.issued | 2019-12-11 | |
| dc.identifier.issn | 1554-964X | en_US |
| dc.identifier.uri | oai:crossref.org:10.1057/s10713-019-00044-w | |
| dc.identifier.uri | https://oskar-bordeaux.fr/handle/20.500.12278/124671 | |
| dc.description.abstractEn | We conducted an artefactual field experiment in Vietnam to investigate whether and how experiencing a natural disaster affects individual attitudes toward risks. Using experimental and real household data, we show that households in villages affected by a flood in recent years exhibit more risk aversion, compared with individuals living in similar but unaffected villages. Interestingly, this result holds for the loss domain, but not the gain domain. In line with Prospect Theory, Vietnamese households distort probabilities. The distortion is related to aid received and social networks participation, but is unrelated to flood experience. | |
| dc.language.iso | EN | en_US |
| dc.source | crossref | |
| dc.subject.en | Risk preferences | |
| dc.subject.en | Non-expected utility | |
| dc.subject.en | Flood | |
| dc.subject.en | Vietnam | |
| dc.subject.en | Field experiment | |
| dc.title.en | Does flood experience modify risk preferences? Evidence from an artefactual field experiment in Vietnam | |
| dc.type | Article de revue | en_US |
| dc.identifier.doi | 10.1057/s10713-019-00044-w | en_US |
| dc.subject.jel | D - Microeconomics::D9 - Intertemporal Choice | en_US |
| dc.subject.jel | Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics::Q5 - Environmental Economics::Q54 - Climate; Natural Disasters and Their Management; Global Warming | en_US |
| dc.subject.jel | Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics::Q5 - Environmental Economics::Q56 - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth | en_US |
| dc.subject.jel | C - Mathematical and Quantitative Methods::C9 - Design of Experiments::C93 - Field Experiments | en_US |
| bordeaux.journal | Geneva Risk and Insurance Review | en_US |
| bordeaux.page | 36-74 | en_US |
| bordeaux.volume | 45 | en_US |
| bordeaux.hal.laboratories | Groupe de Recherche en Economie Théorique et Appliquée (GREThA) - UMR 5113 | en_US |
| bordeaux.issue | 1 | en_US |
| bordeaux.institution | Université de Bordeaux | en_US |
| bordeaux.institution | CNRS | en_US |
| bordeaux.peerReviewed | oui | en_US |
| bordeaux.inpress | non | en_US |
| bordeaux.import.source | dissemin | |
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| dc.rights.cc | Pas de Licence CC | en_US |
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