Inequality and risk management: Evidence from a lab experiment in Ghana

被引：2
|
作者：
Gallenstein, Richard A. [1 ]
机构：
[1] Catholic Univ Amer, Dept Econ, 620 Michigan Ave NE, Washington, DC 20064 USA
来源：
ECONOMICS LETTERS | 2022年 / 211卷
关键词：
Inequality; Fairness; Risk-management; Experimental games; INCOME INEQUALITY; PERSISTENT POVERTY; VULNERABILITY; CONSUMPTION; ECONOMICS; FAIRNESS; HARMFUL; TRAPS; TRUST;
D O I：
10.1016/j.econlet.2021.110235
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Wealth inequality has been growing throughout the world in recent decades. In this article, I explore the impact of inequality on risk-management decisions in a developing country context. I use a lab in-the-field experiment that introduces exogenous variation in inequality to investigate the impact of inequality on risk-sharing and insurance uptake decisions. I find that inequality does influence formation of risk-sharing agreements and demand for insurance. (c) 2021 Elsevier B.V. All rights reserved.
引用
收藏
页数：4
相关论文
共 50 条
  • [1] Does inequality impede risk management? Evidence from a lab experiment in Ghana
    Gallenstein, Richard A.
    [J]. JOURNAL OF RISK AND INSURANCE, 2024, 91 (03) : 499 - 528
  • [2] Unearned Inequality and Biased Distributional Preferences: Evidence from a Lab Experiment in Ghana
    Gallenstein, Richard A.
    [J]. JOURNAL OF DEVELOPMENT STUDIES, 2024,
  • [3] Risk, Uncertainty, and Entrepreneurship: Evidence from a Lab-in-the-Field Experiment
    Koudstaal, Martin
    Sloof, Randolph
    van Praag, Mirjam
    [J]. MANAGEMENT SCIENCE, 2016, 62 (10) : 2897 - 2915
  • [4] On inequality, growth and trust: some evidence from the lab
    D'Amato, Marcello
    O'Higgins, Niall
    Stimolo, Marco
    [J]. JOURNAL OF INSTITUTIONAL ECONOMICS, 2022, 18 (04) : 621 - 636
  • [5] Cooperation and innovation under production risk: evidence from a lab-in-the-field experiment
    Gomez, Karoll
    Aramburo, Santiago Arango
    Soto, Daniel Restrepo
    [J]. JOURNAL OF AGRIBUSINESS IN DEVELOPING AND EMERGING ECONOMIES, 2023,
  • [6] Smallholder Farmer Risk Preferences in Northern Ghana:Evidence from a Controlled Field Experiment
    Kemeze, Francis H.
    Miranda, Mario J.
    Kuwornu, John K. M.
    Anim-Somuah, Henry
    [J]. JOURNAL OF DEVELOPMENT STUDIES, 2020, 56 (10): : 1894 - 1908
  • [7] Competition and prosociality: A lab-in-the-field experiment in Ghana
    Grosch, Kerstin
    Ibanez, Marcela
    Viceisza, Angelino
    [J]. JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS, 2022, 99
  • [8] Lab and framed lab versus natural experiments: Evidence from a risky choice experiment
    Botti, Fabrizio
    Conte, Anna
    Di Cagno, Daniela
    D'Ippoliti, Carlo
    [J]. RESEARCH IN ECONOMICS, 2009, 63 (04) : 282 - 295
  • [9] Gender Differences in Sleep Deprivation Effects on Risk and Inequality Aversion: Evidence from an Economic Experiment
    Ferrara, Michele
    Bottasso, Anna
    Tempesta, Daniela
    Carrieri, Marika
    De Gennaro, Luigi
    Ponti, Giovanni
    [J]. PLOS ONE, 2015, 10 (03):
  • [10] SEQUENTIAL PRICE SETTING: THEORY AND EVIDENCE FROM A LAB EXPERIMENT
    Heggedal, Tom-Reiel
    Helland, Leif
    Moen, Espen R.
    [J]. INTERNATIONAL ECONOMIC REVIEW, 2024, 65 (02) : 693 - 727
12345