Common components of risk and uncertainty attitudes across contexts and domains: evidence from 30 countries

Submitted by Anonymous (not verified) on

Abstract: Attitudes towards risk and uncertainty have been indicated to be highly context-dependent, and to be sensitive to the measurement technique employed. We present data collected in controlled experiments with 2,939 subjects in 30 countries measuring risk and uncertainty attitudes through incentivized measures as well as survey questions. Our data show clearly that measures correlate not only within decision contexts or measurement methods, but also across contexts and methods.

Experiments

Cooperation and social classes: evidence from Colombia

Submitted by Anonymous (not verified) on

Abstract: We investigate the relationship between social class belonging and contributions to local public goods. By utilizing the social class classifications in Colombia and an experimental design based on the strategy method, we can both study contributions to public goods and classify subjects into contribution types. We find similar contribution levels between high and medium-low social classes and also similar distributions of contributor types. However, low social class members conditionally contribute a significantly higher level than high social class members.

Experiments

The role of beliefs, trust, and risk in contributions to a public good

Submitted by Anonymous (not verified) on

Abstract: This paper experimentally investigates if and how beliefs, trust, and risk attitudes are associated with cooperative behavior. By applying incentivized elicitation methods to measure these concepts, we find that beliefs about others' cooperation and trust are positively correlated with cooperation in a public goods game. However, even though contributing to a public good resembles a situation of making decisions under strategic uncertainty, elicited risk preferences do not seem to explain cooperation in a systematic way.

Experiments

Positional Concerns among the Poor: Does Reference Group Matter? Evidence from Survey Experiments

Submitted by Anonymous (not verified) on

Abstract: Previous research studies suggest a lower degree of positional concerns among people from poor countries. Yet the evidence is limited and most often builds on the assumption that people's reference groups are the same across all individuals. We conduct a survey experiment in urban Ethiopia that is modified to include multiplicity of reference groups. We estimate positional concerns considering various reference groups to test whether the low positional concerns found in the literature are due to misspecification of the reference groups.

Experiments

Cooperation in teams: The role of identity, punishment, and endowment distribution

Submitted by Anonymous (not verified) on

Abstract: Common identity and peer punishment have been identified as crucial means to reduce free riding and promote cooperation in teams. This paper examines the relative importance of these two mechanisms under two income distributions in team cooperation. In a repeated public good experiment, we use different combinations of homogeneous/heterogeneous endowments, strong/weak identity, and absence/presence of peer punishment.

Experiments

Thanks but no thanks: A new policy to reduce land conflict

Submitted by Karin Jonson on

Land conflicts in developing countries are costly both directly and through increased land degradation. An important policy goal is to create respect for borders. This often involves mandatory, expensive interventions. We propose a new policy design, which in theory promotes neighborly relations at low cost. A salient feature is the option to by-pass regulation through consensus. The key idea combines the insight that social preferences transform social dilemmas into coordination problems with the logic of forward induction.

Agriculture, Experiments, Land

Reputation and household recycling practices: Field experiments in Costa Rica

Submitted by Eugenia Leon on

Pro-environmental behavior is the willingness to cooperate and contribute to environmental public goods. A good understanding of why individuals undertake pro-environmental actions is important in order to construct policies that are aligned with preferences and actual behavioral patterns, such as concern for social esteem and reputation.

Experiments, Conservation

Essays on behavioral economics and policy design

Submitted by NENRE Concepcion on

This thesis consists of three self-contained chapters on issues related to spillover effects of behavioral and policy interventions aimed at reducing negative incentives provided by consumption and production subsidies, and discusses the implications for environmental policy design. The first two chapters investigate spillover effects of a behavioral intervention aimed at incentivizing residential water savings in Colombia.

Agriculture, Experiments, Conservation, Energy, Policy Design, Water