Preference variability along the policy chain in Vietnam
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.
Volume (Year): 37 (2008)
Issue (Month): 5 (October)
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/inca/620175|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Daniel Kahneman, 2003. "Maps of Bounded Rationality: Psychology for Behavioral Economics," American Economic Review, American Economic Association, vol. 93(5), pages 1449-1475, December.
- Colin Camerer, 2010. "Do biases in probability judgement matter in markets: experimental evidence," Levine's Working Paper Archive 268, David K. Levine.
- Ernst Fehr & Jean-Robert Tyran, .
"Individual Irrationality and Aggregate Outcomes,"
IEW - Working Papers
252, Institute for Empirical Research in Economics - University of Zurich.
- John A. List, 2004.
"Testing Neoclassical Competitive Theory in Multilateral Decentralized Markets,"
Journal of Political Economy,
University of Chicago Press, vol. 112(5), pages 1131-1156, October.
- John List, 2004. "Testing neoclassical competitive theory in multi-lateral decentralized markets," Framed Field Experiments 00176, The Field Experiments Website.
- Lawrance, Emily C, 1991. "Poverty and the Rate of Time Preference: Evidence from Panel Data," Journal of Political Economy, University of Chicago Press, vol. 99(1), pages 54-77, February.
- Ariel Rubinstein, 2005.
"Modeling Bounded Rationality,"
784828000000000152, UCLA Department of Economics.
- Rosalie Viney & Elizabeth Savage & Jordan Louviere, 2005. "Empirical investigation of experimental design properties of discrete choice experiments in health care," Health Economics, John Wiley & Sons, Ltd., vol. 14(4), pages 349-362.
- Matthew Rabin., 1997.
"Psychology and Economics,"
Economics Working Papers
97-251, University of California at Berkeley.
- Anderson, C Leigh & Dietz, Maya & Gordon, Andrew & Klawitter, Marieka, 2004. "Discount Rates in Vietnam," Economic Development and Cultural Change, University of Chicago Press, vol. 52(4), pages 873-87, July.
- Tversky, Amos & Wakker, Peter, 1995. "Risk Attitudes and Decision Weights," Econometrica, Econometric Society, vol. 63(6), pages 1255-80, November.
- Uri Benzion & Amnon Rapoport & Joseph Yagil, 1989. "Discount Rates Inferred from Decisions: An Experimental Study," Management Science, INFORMS, vol. 35(3), pages 270-284, March.
- Esther Duflo & Raghabendra Chattopadhyay, 2004.
"Women as policy makers: Evidence from a randomized policy experiment in india,"
Framed Field Experiments
00224, The Field Experiments Website.
- Raghabendra Chattopadhyay & Esther Duflo, 2004. "Women as Policy Makers: Evidence from a Randomized Policy Experiment in India," Econometrica, Econometric Society, vol. 72(5), pages 1409-1443, 09.
- Shane Frederick, 2005. "Cognitive Reflection and Decision Making," Journal of Economic Perspectives, American Economic Association, vol. 19(4), pages 25-42, Fall.
- Ariel Rubinstein, 2007.
"Instinctive and Cognitive Reasoning: A Study of Response Times,"
Royal Economic Society, vol. 117(523), pages 1243-1259, October.
- Ariel Rubinstein, 2006. "Instinctive and Cognitive Reasoning: A Study of Response Times," Discussion Papers 1424, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Ariel Rubinstein, 2006. "Instinctive and Cognitive Reasoning: A Study of Response Times," Working Papers 2006.36, Fondazione Eni Enrico Mattei.
- Carson, Richard T & Flores, Nicholas A, 2000.
"Contingent Valuation: Controversies and Evidence,"
University of California at San Diego, Economics Working Paper Series
qt75k752s7, Department of Economics, UC San Diego.
- Hans Binswanger, 1980. "Attitudes toward risk: Experimental measurement in rural india," Artefactual Field Experiments 00009, The Field Experiments Website.
- Thaler, Richard, 1981. "Some empirical evidence on dynamic inconsistency," Economics Letters, Elsevier, vol. 8(3), pages 201-207.
- Davies, Emma & Lea, Stephen E. G., 1995. "Student attitudes to student debt," Journal of Economic Psychology, Elsevier, vol. 16(4), pages 663-679, December.
- repec:tpr:qjecon:v:118:y:2003:i:1:p:41-71 is not listed on IDEAS
- 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.
- repec:feb:framed:0081 is not listed on IDEAS
- Lynn, Laurence E, Jr, 1986. "The Behavioral Foundations of Public Policy-Making," The Journal of Business, University of Chicago Press, vol. 59(4), pages S379-84, October.
- John List, 2003.
"Does market experience eliminate market anomalies?,"
Natural Field Experiments
00297, The Field Experiments Website.
- John A. List, 2003. "Does Market Experience Eliminate Market Anomalies?," The Quarterly Journal of Economics, Oxford University Press, vol. 118(1), pages 41-71.
- 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.
When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:37:y:2008:i:5:p:1729-1745. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.