Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru

The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such interv...

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Main Authors: Lybbert, T.J., Galarza, F.B., McPeak, J.G., Barrett, Christopher B., Boucher, S.R., Carter, S., Chantarat, S., Fadlaoui, A., Mude, Andrew G.
Format: Journal Article
Language:Inglés
Published: Cambridge University Press 2010
Online Access:https://hdl.handle.net/10568/3304
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author Lybbert, T.J.
Galarza, F.B.
McPeak, J.G.
Barrett, Christopher B.
Boucher, S.R.
Carter, S.
Chantarat, S.
Fadlaoui, A.
Mude, Andrew G.
author_browse Barrett, Christopher B.
Boucher, S.R.
Carter, S.
Chantarat, S.
Fadlaoui, A.
Galarza, F.B.
Lybbert, T.J.
McPeak, J.G.
Mude, Andrew G.
author_facet Lybbert, T.J.
Galarza, F.B.
McPeak, J.G.
Barrett, Christopher B.
Boucher, S.R.
Carter, S.
Chantarat, S.
Fadlaoui, A.
Mude, Andrew G.
author_sort Lybbert, T.J.
collection Repository of Agricultural Research Outputs (CGSpace)
description The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such interventions to them. We explore how dynamic field experiments can help (i) intended beneficiaries to learn and understand these complicated benefit streams, and (ii) researchers to better understand how the poor respond to risk when faced with nonlinear welfare dynamics. We discuss and analyze dynamic risk valuation experiments in Morocco, Peru, and Kenya.
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institution CGIAR Consortium
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publishDate 2010
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spelling CGSpace33042024-06-26T09:37:28Z Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru Lybbert, T.J. Galarza, F.B. McPeak, J.G. Barrett, Christopher B. Boucher, S.R. Carter, S. Chantarat, S. Fadlaoui, A. Mude, Andrew G. The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such interventions to them. We explore how dynamic field experiments can help (i) intended beneficiaries to learn and understand these complicated benefit streams, and (ii) researchers to better understand how the poor respond to risk when faced with nonlinear welfare dynamics. We discuss and analyze dynamic risk valuation experiments in Morocco, Peru, and Kenya. 2010-04-15 2011-03-18T13:49:55Z 2011-03-18T13:49:55Z Journal Article https://hdl.handle.net/10568/3304 en Limited Access Cambridge University Press Lybbert, T.J., Galarza, F.B., McPeak, J., Barrett, C.B., Boucher, S.R. Carter, M.R., Chantarat, S., Fadlaoui, A. and Mude, A. 2010. Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru. Agricultural and Resource Economics Review 39(2):176-192.
spellingShingle Lybbert, T.J.
Galarza, F.B.
McPeak, J.G.
Barrett, Christopher B.
Boucher, S.R.
Carter, S.
Chantarat, S.
Fadlaoui, A.
Mude, Andrew G.
Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru
title Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru
title_full Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru
title_fullStr Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru
title_full_unstemmed Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru
title_short Dynamic field experiments in development economics: Risk valuation in Morocco, Kenya, and Peru
title_sort dynamic field experiments in development economics risk valuation in morocco kenya and peru
url https://hdl.handle.net/10568/3304
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