The Poverty Challenge: How Individual Decision-Making Behavior Influences Poverty

J.M.E. Pennings; P. Garcia

doi:10.1016/j.econlet.2005.01.015

The Poverty Challenge: How Individual Decision-Making Behavior Influences Poverty

J.M.E. Pennings
, P. Garcia

Marketing and Consumer Behaviour

Research output: Contribution to journal › Article › Academic › peer-review

12 Citations (Scopus)

Abstract

What drives poverty? We propose a research approach to study poverty by focusing on individual decision-making behavior in which the interaction between individual's innovativeness and time preference rate is crucial to begin understanding poverty. This approach enables policy makers to formulate efficient and effective policy and provides economists with an alternative research tool to study poverty

Original language	English
Pages (from-to)	115-119
Journal	Economics Letters
Volume	88
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2005.01.015
Publication status	Published - 2005

Keywords

time preference
risk

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10.1016/j.econlet.2005.01.015

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abstract = "What drives poverty? We propose a research approach to study poverty by focusing on individual decision-making behavior in which the interaction between individual's innovativeness and time preference rate is crucial to begin understanding poverty. This approach enables policy makers to formulate efficient and effective policy and provides economists with an alternative research tool to study poverty",

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AB - What drives poverty? We propose a research approach to study poverty by focusing on individual decision-making behavior in which the interaction between individual's innovativeness and time preference rate is crucial to begin understanding poverty. This approach enables policy makers to formulate efficient and effective policy and provides economists with an alternative research tool to study poverty

KW - time preference

KW - risk

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JO - Economics Letters

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The Poverty Challenge: How Individual Decision-Making Behavior Influences Poverty

Abstract

Keywords

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