Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru

Travis J. Lybbert, Francisco B. Galarza, John McPeak, Christopher B. Barrett, Stephen R. Boucher, Michael R. Carter, Sommarat Chantarat, Aziz Fadlaoui, Andrew Mude

Producción científica: Contribución a una conferenciarevisión exhaustiva

20 Citas (Scopus)

Resumen

The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such interventions to them. We explore how dynamic field experiments can help (i) intended beneficiaries to learn and understand these complicated benefit streams, and (ii) researchers to better understand how the poor respond to risk when faced with nonlinear welfare dynamics. We discuss and analyze dynamic risk valuation experiments in Morocco, Peru, and Kenya. Copyright 2010 Northeastern Agricultural and Resource Economics Association.
Idioma originalInglés
Páginas176-192
Número de páginas17
DOI
EstadoPublicada - 1 ene. 2010
Publicado de forma externa
EventoAgricultural and Resource Economics Review -
Duración: 1 ene. 2010 → …

Conferencia

ConferenciaAgricultural and Resource Economics Review
Período1/01/10 → …

Palabras clave

  • Dynamics
  • Experiments
  • Kenya
  • Morocco
  • Peru
  • Poverty
  • Risk and uncertainty

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