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  • Akay, Alpaslan, 1975, et al. (author)
  • Attitudes toward uncertainty among the poor: An experiment in rural Ethiopia
  • 2012
  • In: Theory and Decision. - : Springer Science and Business Media LLC. - 0040-5833 .- 1573-7187. ; 73:3, s. 453-464
  • Journal article (peer-reviewed)abstract
    • We investigate risk and ambiguity attitudes among Ethiopian farmers in one of the poorest regions of the world. Strong risk aversion and ambiguity aversion were found with the Ethiopian farmers. We compared their attitudes to those of a Western university student sample elicited by the same decision task. Ambiguity aversion was similar for farmers and students, but farmers were more risk averse. Our results show that ambiguity aversion is not restricted to Western student populations, and that studies of agricultural decisions may benefit from explicitly considering ambiguity attitudes.
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Type of publication
journal article (1)
Type of content
peer-reviewed (1)
Author/Editor
Akay, Alpaslan, 1975 (1)
Martinsson, Peter, 1 ... (1)
Medhin, Haileselassi ... (1)
Trautmann, S. (1)
University
University of Gothenburg (1)
Language
English (1)
Research subject (UKÄ/SCB)
Social Sciences (1)
Year
2012 (1)

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