Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia

Main Article Content

Autores

David Ortiz Escobar

Resumen

En este artículo presento evidencia exploratoria para el caso de Colombia sobre la relación entre ciertas variables socioeconómicas e indicadores de preferencias individuales. Aplicamos una encuesta de hogares y tomamos medidas de preferencia temporal y aversión al riesgo a una muestra de habitantes de Barranca de Upía (Meta). Encuentro que i. La edad está asociada con la preferencia temporal revelada, pero no a la aversión al riesgo revelada; ii. Las mujeres son más aversas al riesgo, y iii. El hecho de haber llegado al pueblo en los últimos cinco años, bien sea buscando oportunidades económicas o huyendo del conflicto armado, está asociado a una alta preferencia temporal revelada y una baja aversión al riesgo revelada.

Palabras clave:

Article Details

Licencia

Creative Commons License
Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial-CompartirIgual 4.0.

Los autores conservan los derechos de autor y garantizan a la revista el derecho de ser la primera publicación del trabajo. Se utiliza una Licencia Creative Commons Atribución-NoComercial-CompartirIgual

Referencias

Andersen, S. et al. (2008). Eliciting risk and time preferences. Econométrica, 76(3), 583-618.

Anderson, C. L. et al. (2004). Discount rates in Vietnam. Economic Development and Cultural Change, 52(4), 873-887.

Andreoni, J. y Sprenger, C. (2012). Estimating time preferences from convex budgets. American Economic Review, 102(7), 3333-3356.

Arnaud, R. y Couture, S. (2012). Stability of risk preference measures: results from a field experiment on French farmers. Theory and Decision, 73(2), 203-221.

Bauer, M.; Chytilov, J. et al. (2012). Behavioral foundations of microcredit: experimental and survey evidence from rural India. American Economic Review, 102(2), 1118-1139.

Bauer, M. y Chytilov, J. (2010). The impact of education on subjective discount rate in Ugandan villages. Economic Development and Cultural Change, 58(4), 643-669.

Becker, G. S. y Mulligan, C. B. (1997). The endogenous determination of time preference. The Quarterly Journal of Economics, 112(3), 729-758.

Berg, J.; Dickhaut, J. et al. (1995). Trust, reciprocity, and social history. Games and economic behavior, 10(1), 122-142.

Brick, K.; Visser, M. et al. (2012). Risk aversion: Experimental evidence from South African fishing communities. American Journal of Agricultural Economics, 94(1), 133-152.

Callen, M. et al. (2014). Violence and risk preference: Experimental evidence from Afghanistan. American Economic Review, 104(1), 123-148.

Cárdenas, J. C. y Carpenter, J. (2008). Behavioural development economics: Lessons from field labs in the Developing World. Journal of Development Studies, 44(3), 311-338.

Cárdenas, J. C. y Carpenter, J. (2013). Risk attitudes and economic well-being in Latin America. Journal of Development Economics, 103, 52-61.

Carlsson, F. et al. (2012). Household decision making in rural China: Using experiments to estimate the influences of spouses. Journal of Economic Behavior & Organization, 84(2), 525-536.

Charness, G.; Gneezy, U. et al. (2013). Experimental methods: Eliciting risk preferences. Journal of Economic Behavior & Organization, 87, 43-51.

Cook, J. et al. (2013). Measuring risk aversion among the urban poor in Kolkata, India. Applied Economics Letters, 20(1), 1-9.

Dave, C. et al. (2010). Eliciting risk preferences: When is simple better? Journal of Risk and Uncertainty, 41(3), 219-243.

Dufwenberg, M.; Gächter, S. et al. (2011). The framing of games and the psychology of play. Games and Economic Behavior, 73(2), 459-478.

Eckel, C. C. y Grossman, P. J. (2008). Differences in the economic decisions of men and women: Experimental evidence. Handbook of Experimental Economics Results 1, chap. 57, 509-519.

Fehr, E. y Gächter, S. (2000). Fairness and retaliation: The economics of reciprocity. The Journal of Economic Perspectives, 14(3), 159-181.

Fischbacher, U. y Föllmi-H. F. (2013). Lies in disguise – An experimental study on cheating. Journal of the European Economic Association, 11(3), 525-547.

Gaudecker, H.-M.; Van, S. A. et al. (2012). Experts in experiments: How selection matters for estimated distributions of risk preferences. Journal of Risk and Uncertainty, 45(2), 159-190.

Hans, P. B. (1980). Attitudes toward risk: Experimental measurement in rural India. American Journal of Agricultural Economics, 62(3), 395-407.

Harrison, G. W.; Lau, M. I. et al. (2002). Estimating individual discount rates in Denmark: A field experiment. American Economic Review, 92(5), 1606-1617.

Johnson, M. W. y Bickel, W. K. (2002). Within-subject comparison of real and hypothetical money rewards in delay discounting. Journal of the Experimental Analysis of Behavior, 77(2), 129-146.

Kirby, K. N. et al. (2002). Correlates of delay-discount rates: Evidence from Tsimane’ Amerindians of the Bolivian rain forest. Journal of Economic Psychology, 23(3), 291-316.

Kirby, K. N. y Herrnstein, R. J. (1995). Preference reversals due to myopic discounting of delayed reward. Psychological Science, 6(2), 83-89.

Kirby, K. N.; Winston, G. C. et al. (2005). Impatience and grades: Delay-discount rates correlate negatively with college GPA. Learning and Individual Differences, 15(3), 213-222.

Liu, E. M. y Huang, J. (2013). Risk preferences and pesticide use by cotton farmers in China. Journal of Development Economics, 103, 202-215.

Meier, S. y Sprenger, C. (2010). Present-biased preferences and credit card borrowing. American Economic Journal: Applied Economics, 2(1), 193-210.

Meier, S. y Sprenger, C. D. (2013). Discounting financial literacy: Time preferences and participation in financial education programs. Journal of Economic Behavior & Organization, 95, 159-174.

Mosley, P. y Verschoor, A. (2005). Risk attitudes and the vicious circle of poverty. European Journal of Development Research, 17(1), 59-88.

Moya, A. (2016). Violence, psychological trauma, and induced changes in risk attitudes: Evidence from victims of violence in Colombia, working paper, 2016.

Rieger, M. O.; Wang, M. et al. (2015). Risk preferences around the world. Management Science, 61(3), 637-648.

Shane, F.; Loewenstein, G. et al. (2002). Time discounting and time preference: A critical review. Journal of Economic Literature, 40(2), 351-401.

Sutter, M. et al. (2013). Impatience and uncertainty: Experimental decisions predict adolescents' field behavior. American Economic Review, 103(1), 510-531.

Tanaka, T.; Camerer, C. F. et al. Risk and time preferences: Linking experimental and household survey data from Vietnam. American Economic Review, 100(1), 557-571.

Voors, M. J. et al. (2012). Violent conflict and behavior: A field experiment in Burundi. American Economic Review, 102(2), 941-964.

Descargas

La descarga de datos todavía no está disponible.