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Interpersonal, Intertemporal and Spatial Variation in Risk Perceptions: Evidence from East Africa

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  • Doss, Cheryl
  • McPeak, John
  • Barrett, Christopher B.

Abstract

Summary This study investigates variation over time, space and household and individual characteristics in how people perceive different risks. Using original data from the arid and semi-arid lands of East Africa, we explore how individuals assess their relative level of concern about risks. The primary determinants of risk rankings are found to be changing community level variables over time, with household specific and individual specific variables exhibiting much less influence. Individuals throughout this area are most concerned about food security and human health, so that development efforts that directly address these problems should be given the highest priority.

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File URL: http://www.sciencedirect.com/science/article/B6VC6-4SN92MM-3/2/ceeb87a33532279c64c23891f347824a
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Bibliographic Info

Article provided by Elsevier in its journal World Development.

Volume (Year): 36 (2008)
Issue (Month): 8 (August)
Pages: 1453-1468

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Handle: RePEc:eee:wdevel:v:36:y:2008:i:8:p:1453-1468

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Web page: http://www.elsevier.com/locate/worlddev

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  1. Matthew Rabin., 1997. "Psychology and Economics," Economics Working Papers 97-251, University of California at Berkeley.
  2. FFF1Christoph NNN1Bühler & FFF2Hans-Peter NNN2Kohler, 2003. "Talking about AIDS," Demographic Research Special Collections, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 1(13), pages 397-438, September.
  3. John G. McPeak, 2003. "Analyzing and Addressing Localized Degradation in the Commons," Land Economics, University of Wisconsin Press, vol. 79(4), pages 515-536.
  4. Moser, Christine M. & Barrett, Christopher B., 2003. "The Complex Dynamics Of Smallholder Technology Adoption: The Case Of Sri In Madagascar," Working Papers 14735, Cornell University, Department of Applied Economics and Management.
  5. Mark Rosenzweig & Andrew D. Foster, . "Learning by Doing and Learning from Others: Human Capital and Technical Change in Agriculture," Home Pages _068, University of Pennsylvania.
  6. Lybbert, Travis J. & Barrett, Christopher B. & McPeak, John G. & Luseno, Winnie K., 2007. "Bayesian Herders: Updating of Rainfall Beliefs in Response to External Forecasts," World Development, Elsevier, vol. 35(3), pages 480-497, March.
  7. Renate Schubert, 1999. "Financial Decision-Making: Are Women Really More Risk-Averse?," American Economic Review, American Economic Association, vol. 89(2), pages 381-385, May.
  8. Joel L. Schrag, 1999. "First Impressions Matter: A Model Of Confirmatory Bias," The Quarterly Journal of Economics, MIT Press, vol. 114(1), pages 37-82, February.
  9. Lybbert, Travis J. & Barrett, Christopher B. & Desta, Solomon & Coppock, D. Layne, 2002. "Stochastic Wealth Dynamics And Risk Management Among A Poor Population," Working Papers 14736, Cornell University, Department of Applied Economics and Management.
  10. Lentz, Erin C. & Barrett, Christopher B., 2004. "Food Aid Targeting, Shocks And Private Transfers Among East African Pastoralists," 2004 Annual meeting, August 1-4, Denver, CO 20247, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  11. C. Barrett & K. Smith & P. Box, 2001. "Not Necessarily In The Same Boat: Heterogeneous Risk Assessment Among East African Pastoralists," Journal of Development Studies, Taylor & Francis Journals, vol. 37(5), pages 1-30.
  12. Luseno, Winnie K. & McPeak, John G. & Barrett, Christopher B. & Little, Peter D. & Gebru, Getachew, 2003. "Assessing the Value of Climate Forecast Information for Pastoralists: Evidence from Southern Ethiopia and Northern Kenya," World Development, Elsevier, vol. 31(9), pages 1477-1494, September.
  13. Jianakoplos, Nancy Ammon & Bernasek, Alexandra, 1998. "Are Women More Risk Averse?," Economic Inquiry, Western Economic Association International, vol. 36(4), pages 620-30, October.
  14. Catherine C. Eckel & Philip J. Grossman, 2008. "Forecasting Risk Attitudes: An Experimental Study Using Actual and Forecast Gamble Choices," Development Research Unit Working Paper Series archive-01, Monash University, Department of Economics.
  15. Smith, Kevin & Barrett, Christopher B. & Box, Paul W., 2000. "Participatory Risk Mapping for Targeting Research and Assistance: With an Example from East African Pastoralists," World Development, Elsevier, vol. 28(11), pages 1945-1959, November.
  16. Haro, Guyo O. & Doyo, Godana J. & McPeak, John G., 2005. "Linkages Between Community, Environmental, and Conflict Management: Experiences from Northern Kenya," World Development, Elsevier, vol. 33(2), pages 285-299, February.
  17. Jere Behrman & Hans-Peter Kohler & Susan C. Watkins, 2003. "Social Networks, HIV/AIDS and Risk Perceptions," PIER Working Paper Archive 03-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
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Cited by:
  1. Sudha Narayanan, 2012. "Safe gambles? Farmer perceptions of transactional certainty and risk-return tradeoffs in contract farming schemes in Southern India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2012-021, Indira Gandhi Institute of Development Research, Mumbai, India.
  2. Bigsten, Arne & Tengstam, Sven, 2008. "Smallholder Income Diversification in Zambia: The Way Out of Poverty?," Food Security Collaborative Working Papers 54490, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  3. Balgah, Roland Azibo & Buchenrieder, Gertrud, 2011. "Effects of Natural Shocks on Risk Behavior. Experimental Evidence from Cameroon," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114215, European Association of Agricultural Economists.
  4. Quisumbing, Agnes R., 2011. "Do men and women accumulate assets in different ways?: Evidence from rural Bangladesh," IFPRI discussion papers 1096, International Food Policy Research Institute (IFPRI).
  5. Quisumbing, Agnes R. & Kumar, Neha & Behrman, Julia A., 2011. "Do shocks affect men's and women's assets differently?: A review of literature and new evidence from Bangladesh and Uganda," IFPRI discussion papers 1113, International Food Policy Research Institute (IFPRI).
  6. van den Berg, Marrit & Fort, Ricardo & Burger, Kees, 2009. "Natural Hazards And Risk Aversion: Experimental Evidence From Latin America," 2009 Conference, August 16-22, 2009, Beijing, China 51394, International Association of Agricultural Economists.
  7. Moya, A., 2012. "Violence, Emotional Distress and Induced Changes in Risk Aversion among the Displaced Population in Colombia," Working papers 105, Rimisp Latin American Center for Rural Development.
  8. Gloede, Oliver & Menkhoff, Lukas & Waibel, Hermann, 2012. "Shocks, individual risk attitude, and vulnerability to poverty among rural households in Thailand and Vietnam," Hannover Economic Papers (HEP) dp-508, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.

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