Risk preference and other behavioral tendencies such as trust and time preference
are widely estimated in field experiments. Cardenas et al. (2008) survey this fast-growing
literature and take note of the substantial overlap in inferred measures of risk aversion
between studies done in different areas. They conclude: “Overall, there does not seem
to be much support for the idea that poor people in developing countries are more risk
averse than richer people in developed countries.”
4.5.2A Second Look at Gender Effects and Other Factors
As Harrison et al. (2007a, p. 361) note : “The absence of an effect from ...
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