TY - BOOK
T1 - Micron A micro level analysis of violent conflict : Do shocks of civil war alter social, risk and time preferences? Results from field experiments in Burundi
AU - Voors, M.J.
AU - Nillesen, E.E.M.
AU - Verwimp, P.
AU - Bulte, E.H.
AU - Lensink, B.W.
AU - van Soest, D.P.
PY - 2010
Y1 - 2010
N2 - We use experimental data from 35 randomly selected communities in Burundi to examine
the impact of exposure to conflict on social-, risk- and time preferences. These types of preferences are important as they determine people’s propensity to invest and their ability to overcome social dilemmas, so that changes therein foster or hinder economic growth. We find that conflict affects preferences. Individuals that have been exposed to greater levels of violence display more altruistic behavior towards their neighbors, are more risk seeking, and have higher discount rates. Adverse, but temporary, shocks can thus alter savings and investments decisions, and potentially have long-run consequences.
AB - We use experimental data from 35 randomly selected communities in Burundi to examine
the impact of exposure to conflict on social-, risk- and time preferences. These types of preferences are important as they determine people’s propensity to invest and their ability to overcome social dilemmas, so that changes therein foster or hinder economic growth. We find that conflict affects preferences. Individuals that have been exposed to greater levels of violence display more altruistic behavior towards their neighbors, are more risk seeking, and have higher discount rates. Adverse, but temporary, shocks can thus alter savings and investments decisions, and potentially have long-run consequences.
M3 - Report
SN - 9781858649115
T3 - MICROCON research working paper
BT - Micron A micro level analysis of violent conflict : Do shocks of civil war alter social, risk and time preferences? Results from field experiments in Burundi
PB - Microcon, University of Sussex
CY - Brighton, UK
ER -