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Replication data for: Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam

Version
1
Resource Type
Dataset
Creator
  • Tanaka, Tomomi
  • Camerer, Colin F.
  • Nguyen, Quang
Publication Date
2010-03-01
Description
  • Abstract

    We conducted experiments in Vietnamese villages to determine the predictors of risk and time preferences. In villages with higher mean income, people are less loss-averse and more patient. Household income is correlated with patience but not with risk. We expand measurements of risk and time preferences beyond expected utility and exponential discounting, replacing those models with prospect theory and a three-parameter hyperbolic discounting model. Comparable risk parameter estimates have been found for Chinese farmers, using our method. (C83, D12, O12, P38)
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/aer.100.1.557 (Text)
Publications
  • Tanaka, Tomomi, Colin F Camerer, and Quang Nguyen. “Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam.” American Economic Review 100, no. 1 (March 2010): 557–71. https://doi.org/10.1257/aer.100.1.557.
    • ID: 10.1257/aer.100.1.557 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11

Tanaka, Tomomi; Camerer, Colin F.; Nguyen, Quang (2010): Replication data for: Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112336V1