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Replication data for: Violence and Risk Preference: Experimental Evidence from Afghanistan

Resource Type
  • Callen, Michael
  • Isaqzadeh, Mohammad
  • Long, James D.
  • Sprenger, Charles
Publication Date
  • Abstract

    We investigate the relationship between violence and economic risk preferences in Afghanistan combining: (i) a two-part experimental procedure identifying risk preferences, violations of Expected Utility, and specific preferences for certainty; (ii) controlled recollection of fear based on established methods from psychology; and (iii) administrative violence data from precisely geocoded military records. We document a specific preference for certainty in violation of Expected Utility. The preference for certainty, which we term a Certainty Premium, is exacerbated by the combination of violent exposure and controlled fearful recollections. The results have implications for risk taking and are potentially actionable for policymakers and marketers.
  • Is supplement to
    DOI: 10.1257/aer.104.1.123 (Text)
  • Callen, Michael, Mohammad Isaqzadeh, James D. Long, and Charles Sprenger. “Violence and Risk Preference: Experimental Evidence from Afghanistan.” American Economic Review 104, no. 1 (January 2014): 123–48.
    • ID: 10.1257/aer.104.1.123 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Callen, Michael; Isaqzadeh, Mohammad; Long, James D.; Sprenger, Charles (2014): Replication data for: Violence and Risk Preference: Experimental Evidence from Afghanistan. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.