Investment Behaviour, Risk Sharing and Social Distance
Dados Bibliográficos
| ID | 9712975 |
|---|---|
| Autores | Ben D’exelle (University of East Anglia), Arjan Verschoor (0000-0002-7770-6832, University of East Anglia) |
| Ano | 2015 |
| Volume | 125 |
| Fascículo | 584 |
| Páginas | 777-802 |
| Data de publicação | 2015-05-01 |
| Peer Reviewed | Sim |
| Open Access | Sim |
| Tipo | ARTICLE |
| Periódico | The Economic Journal (JOURNAL) |
| Identificadores do periódico | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editora | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12264 |
| OpenAlex | W2164958723 |
| Idioma | EN |
| Citações recebidas | 7 |
| Referências citadas | 48 |
Using a lab-in-the-field experiment in Uganda we study how risk sharing influences investment behaviour. Depending on the treatment, an investor may decide to share profits with a paired person, and/or the paired person may compensate the investor for investment losses. Following sharing norms in African societies, predicted investment is higher if loss sharing is possible, and/or profit sharing is not possible. Contrary to these predictions, we find that investment is higher when losses may not be shared or when profits may be shared with friends. A combination of directed altruism and expected reciprocity appears most plausible to explain these results
Altruism (biology · Business · Economics · Investment (military · Microeconomics · Monetary economics · Profit (economics · Profit sharing · Reciprocity (cultural anthropology · Agricultural risk and resilience · Experimental Behavioral Economics Studies · Finance · Microfinance and Financial Inclusion · Psychology · Social Psychology
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| Obras citantes distintas | 7 |
|---|---|
| Citações por ano | 0,7 |
| Intervalo de citações | 2016 - 2026 (11) |
| Velocidade de citação | current |
| Altamente citado | Não |
| Tipos de citação | Neutras: 7 |