Abstract Households in developing countries are subject to considerable risk and shocks, but most can’t deal with them using formal credit and insurance mechanisms. We use five rounds of the South…

This paper examines the impact of the 2015-16 large-scale El-Nino-induced drought on livestock holding and milk production of smallholder farmers. Recent research shows that climate change makes El...

We use a field experiment to identify how differences in preferences and spousal influence result in low willingness to pay (WTP) for technologies that can benefit all household members. We create…

Abstract We use a field experiment to identify how differences in preferences and spousal influence result in low willingness to pay (WTP) for technologies that can benefit all household members. We…

We study distributional preferences in adolescent peer networks. Using incentivized choices between allocations for themselves and a passive agent, children are classified into efficiency-loving…

Abstract We study distributional preferences in adolescent peer networks. Using incentivized choices between allocations for themselves and a passive agent, children are classified into efficiency…

Interactions among peers of the same social network play significant roles in facilitating the adoption and diffusion of modern technologies in poor communities. We conduct a large-scale randomized…

Abstract We study distributional preferences in adolescent peer networks. Using incentivized choices between allocations for themselves and a passive agent, children are classified into efficiency…

When African households suffer from a shock, such as losing a family member or property it affects not only their mental health but also their household income. An expansion of psychiatric care is...

In this paper, we evaluate the effects of a psychological training, called Mindfulness-Based Stress Reduction (MBSR) on stress and risk and time preferences. MBSR is a well-known psychological…