Trust, Risk, and Time Preferences After a Natural Disaster: Experimental Evidence from Thailand

Trust, Risk, and Time Preferences After a Natural Disaster: Experimental Evidence from Thailand
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DOI:
10.1016/j.worlddev.2016.12.042
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发表时间:
2017-06-01
期刊:
影响因子:
6.9
通讯作者:
Von Kessler, Carl
Von Kessler, Carl
中科院分区:
经济学1区
文献类型:
--
作者:
Cassar, Alessandra;Healy, Andrew;Von Kessler, Carl

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在许多地方,特别是在发展中国家,自然灾害是对经济福利的持续威胁。灾害不仅可以改变生活环境,而且我们在这里提供的证据表明,它们可以导致个人偏好的重要变化。在我们在泰国农村进行的一系列实验中,我们发现2004年的海啸导致了风险规避、亲社会行为和急躁情绪的长期大幅增加。我们使用GIS数据和调查响应,以确定灾害的影响,表明社区层面和个人层面的经验似乎在理论上合理的方式影响偏好。我们的研究结果对应对自然灾害的公共政策努力具有重要意义。(C)2017爱思唯尔有限公司版权所有
Natural disasters constitute a persistent threat to economic welfare in many places, particularly in developing countries. Not only can disasters transform living circumstances, but we provide evidence here that they can lead to important changes in individual preferences. In a series of experiments that we conducted in rural Thailand, we find that the 2004 tsunami led to substantial longlasting increases in risk aversion, prosocial behavior, and impatience. We use GIS data and survey responses to identify disaster impact, showing that both community-level and individual-level experiences appear to affect preferences in theoretically plausible ways. Our findings have important implications for public policy efforts to address natural disasters. (C) 2017 Elsevier Ltd. All rights reserved.