Coping with risk in poor rural economies

Thesis

Rural inhabitants of developing countries face extraordinarily risky environments, and decision-making under risk has crucial implications for the welfare of the rural poor. Therefore, obtaining a better understanding of the behaviour under risk of low-income populations is a vital step in the comprehension of human behaviour, and is important for effective policy design and evaluation, as well as for shedding light on production, investment and technology adoption decisions.

In Cha...

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Authors: Kalani, GN

• Publication date: 2013
• DOI: 10.5287/ora-koazdz5jb
• Type of award: DPhil
• Level of award: Doctoral
• Awarding institution: University of Oxford
• Language: English
• Keywords: decision theory; development economics; experimental economics; applied microeconomics; behavioural economics
• Subjects: Psychology; Development economics; Microeconomics; Economics