The Impact of Violence on Individual Risk Preferences : Evidence from a Natural Experiment

The Impact of Violence on Individual Risk Preferences : Evidence from a Natural Experiment

This study estimates the impact of Kenya’s post-election violence on individual risk preferences. Because the crisis interrupted a longitudinal survey of more than five thousand Kenyan youth, this timing creates plausibly exogenous variation in exp...

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Bibliographic Details
Main Authors: Jakiela, Pamela, Ozier, Owen
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
EMPLOYMENT
RISKS
ECONOMIC GROWTH
STORM
PRODUCTION
UTILITY FUNCTIONS
ERRORS
INCOME
INTEREST
UTILITY MAXIMIZATION
STRATEGIES
INFORMATION
SERVICES
PUBLIC SERVICES
EFFECTS
INCENTIVES
EXPERIMENTAL DATA
CAPACITY BUILDING
INDIFFERENCE CURVES
VARIABLES
DAMAGES
ASSOCIATIONS
WEALTH
RISK AVERSE
PROBABILITIES
EVACUEES
TRENDS
RISK AVERSE INDIVIDUALS
BIASES
DEVELOPMENT
CHOICE
LABOR MARKET
DATA
DECISION THEORY
SAVINGS
EXPERIMENTAL ECONOMICS
DEVELOPMENT ECONOMICS
PROBABILITY
ECONOMIC DOWNTURNS
ECONOMETRICS
EXTERNALITIES
EXPECTED RETURN
UNEMPLOYED
MIGRATION
STANDARD ERRORS
NATURAL DISASTERS
UTILITY THEORY
MARKETS
FORECASTING
ORGANIZATIONS
DISASTERS
INDICATORS
LOTTERY
EXPECTED VALUES
NEGOTIATIONS
LABOR
FARMERS
LOTTERIES
UTILITY
FINANCE
EFFICIENCY
ECONOMIC RESEARCH
TECHNOLOGY
OPINION POLLS
HUMAN CAPITAL
RISK NEUTRAL
EARTHQUAKE
ACCOUNTABILITY
ECONOMIC COSTS
RISK LOVING
VALIDITY
VALUE
BANK
CREDIT
NEUTRALITY
UTILITY FUNCTION
VICTIMS
VICTIM
EXPECTED VALUE
INCENTIVE EFFECTS
PROPERTY
DECISION MAKING
MEASUREMENT
COUNTING
SURVEYS
ECONOMICS
INSTRUMENTAL VARIABLES
MANAGEMENT
GOVERNANCE
BUSINESS CYCLES
SOCIAL CAPITAL
SLUMS
TRADE
LAND
THEORY
WARS
WAR
HURRICANE
INVESTMENT
EXPECTED UTILITY
STATISTICS
RISK
LAW
CIVIL WAR
RIOTS
RANDOMIZATION
RISK AVERSION
ENTREPRENEURSHIP
LABOUR
COLLECTIVE ACTION
GOVERNMENTS
OUTCOMES
POLITICAL PARTICIPATION
DEVELOPMENT POLICY
Online Access:http://documents.worldbank.org/curated/en/2015/10/25155020/impact-violence-individual-risk-preferences-evidence-natural-experiment
http://hdl.handle.net/10986/22862

Internet

http://documents.worldbank.org/curated/en/2015/10/25155020/impact-violence-individual-risk-preferences-evidence-natural-experiment
http://hdl.handle.net/10986/22862

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