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Preference variability along the policy chain in Vietnam

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  • Anderson, C. Leigh
  • Cullen, Alison
  • Stamoulis, Kostas
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    Abstract

    This paper explores whether there are systematic differences in decision-making between those who regularly allocate public resources and those who are the intended recipients. To test for differences we sample across farmers and policy makers in Vietnam. Our findings suggest that preference parameters such as fairness, risk orientation, discounting and control systematically differ between these two groups, and are predictors of the likelihood that an individual is in a position of allocating public resources or receiving them. Regardless of whether these differences are innate or socialized, they may help to explain the often unexpected outcomes of development policy interventions.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

    Volume (Year): 37 (2008)
    Issue (Month): 5 (October)
    Pages: 1729-1745

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    Handle: RePEc:eee:soceco:v:37:y:2008:i:5:p:1729-1745

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    Web page: http://www.elsevier.com/locate/inca/620175

    Related research

    Keywords: Policy Decision-making Risk Vietnam;

    References

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    1. Tomomi Tanaka & Colin F Camerer & Quang Nguyen, 2006. "Poverty, politics, and preferences: Field Experiments and survey data from Vietnam," Levine's Bibliography 122247000000001099, UCLA Department of Economics.
    2. Hans Binswanger, 1980. "Attitudes toward risk: Experimental measurement in rural india," Artefactual Field Experiments 00009, The Field Experiments Website.
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    14. Thaler, Richard, 1981. "Some empirical evidence on dynamic inconsistency," Economics Letters, Elsevier, vol. 8(3), pages 201-207.
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    19. Bertrand, Marianne & Shafir, Eldar & Mullainathan, Sendhil, 2006. "Behavioral Economics and Marketing in Aid of Decision Making Among the Poor," Scholarly Articles 2962609, Harvard University Department of Economics.
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    21. Tversky, Amos & Wakker, Peter, 1995. "Risk Attitudes and Decision Weights," Econometrica, Econometric Society, vol. 63(6), pages 1255-80, November.
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