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Shocks and Risk Attitude in Rural Asia by Diem Tien is a document available to read on EtoBox.
What is Shocks and Risk Attitude in Rural Asia about?
The study investigates the impact of adverse shocks on individual risk attitudes among rural households in Thailand and Vietnam, finding that such shocks increase risk aversion, which in turn perpetuates vulnerability to poverty. Data from over 4,000 households reveals that various categories of shocks have differing effects on risk attitudes, highlighting the need for tailored risk-coping strategies. The research emphasizes the importance of understanding risk attitudes in the context of economic behavior
- Author
- Diem Tien
- Language
- EN