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Risk sharing and network formation

Abstract:
Interpersonal relationships have long been suspected of shaping agrarian institutions, probably because weak formal institutions must be supplemented by interpersonal trust. This is particularly true for informal risk sharing, a fundamental risk coping mechanism for the rural poor (e.g. Mark R. Rosenzweig, 1988, Marcel Fafchamps, 1992, Stephen Coate and Martin Ravallion, 1993, Robert Townsend, 1994, Ethan Ligon et al., 2001, Andrew Foster and Mark R. Rosenzweig, 2001).
Publication status:
Published

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Publisher:
University of Oxford Publisher's website
Series:
Department of Economics Discussion Paper Series
Publication date:
2007-01-01
Paper number:
GPRG-WPS-067
Keywords:
Pubs id:
1144131
Local pid:
pubs:1144131
Deposit date:
2020-12-15

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