Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia

En este artículo presento evidencia exploratoria para el caso de Colombia sobre la relación entre ciertas variables socioeconómicas e indicadores de preferencias individuales. Aplicamos una encuesta de hogares y tomamos medidas de preferencia temporal y aversión al riesgo a una muestra de habitantes...

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Autores:
Ortiz Escobar, David
Tipo de recurso:
Article of journal
Fecha de publicación:
2017
Institución:
Universidad Externado de Colombia
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Biblioteca Digital Universidad Externado de Colombia
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spa
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oai:bdigital.uexternado.edu.co:001/12160
Acceso en línea:
https://bdigital.uexternado.edu.co/handle/001/12160
https://doi.org/10.18601/01245996.v19n37.08
Palabra clave:
field experiments
temporary preference
risk aversion
displacement
experimentos de campo
preferencia temporal
aversión al riesgo
desplazamiento
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openAccess
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id uexternad2_b29c56179e4e2ab92b63c51477488d57
oai_identifier_str oai:bdigital.uexternado.edu.co:001/12160
network_acronym_str uexternad2
network_name_str Biblioteca Digital Universidad Externado de Colombia
repository_id_str
dc.title.spa.fl_str_mv Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia
dc.title.translated.eng.fl_str_mv Risk aversion, temporal preference, and socioeconomic variables: evidence from a Colombian people
title Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia
spellingShingle Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia
field experiments
temporary preference
risk aversion
displacement
experimentos de campo
preferencia temporal
aversión al riesgo
desplazamiento
title_short Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia
title_full Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia
title_fullStr Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia
title_full_unstemmed Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia
title_sort Aversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de Colombia
dc.creator.fl_str_mv Ortiz Escobar, David
dc.contributor.author.spa.fl_str_mv Ortiz Escobar, David
dc.subject.eng.fl_str_mv field experiments
temporary preference
risk aversion
displacement
topic field experiments
temporary preference
risk aversion
displacement
experimentos de campo
preferencia temporal
aversión al riesgo
desplazamiento
dc.subject.spa.fl_str_mv experimentos de campo
preferencia temporal
aversión al riesgo
desplazamiento
description En este artículo presento evidencia exploratoria para el caso de Colombia sobre la relación entre ciertas variables socioeconómicas e indicadores de preferencias individuales. Aplicamos una encuesta de hogares y tomamos medidas de preferencia temporal y aversión al riesgo a una muestra de habitantes de Barranca de Upía (Meta). Encuentro que i. La edad está asociada con la preferencia temporal revelada, pero no a la aversión al riesgo revelada; ii. Las mujeres son más aversas al riesgo, y iii. El hecho de haber llegado al pueblo en los últimos cinco años, bien sea buscando oportunidades económicas o huyendo del conflicto armado, está asociado a una alta preferencia temporal revelada y una baja aversión al riesgo revelada.
publishDate 2017
dc.date.accessioned.none.fl_str_mv 2017-11-09 00:00:00
2022-09-09T21:16:58Z
dc.date.available.none.fl_str_mv 2017-11-09 00:00:00
2022-09-09T21:16:58Z
dc.date.issued.none.fl_str_mv 2017-11-09
dc.type.spa.fl_str_mv Artículo de revista
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https://revistas.uexternado.edu.co/index.php/ecoins/article/download/5080/6613
dc.relation.citationedition.spa.fl_str_mv Núm. 37 , Año 2017 : Julio-Diciembre
dc.relation.citationendpage.none.fl_str_mv 165
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dc.relation.ispartofjournal.spa.fl_str_mv Revista de Economía Institucional
dc.relation.references.spa.fl_str_mv Andersen, S. et al. (2008). Eliciting risk and time preferences. Econométrica, 76(3), 583-618.
Anderson, C. L. et al. (2004). Discount rates in Vietnam. Economic Development and Cultural Change, 52(4), 873-887.
Andreoni, J. y Sprenger, C. (2012). Estimating time preferences from convex budgets. American Economic Review, 102(7), 3333-3356.
Arnaud, R. y Couture, S. (2012). Stability of risk preference measures: results from a field experiment on French farmers. Theory and Decision, 73(2), 203-221.
Bauer, M.; Chytilov, J. et al. (2012). Behavioral foundations of microcredit: experimental and survey evidence from rural India. American Economic Review, 102(2), 1118-1139.
Bauer, M. y Chytilov, J. (2010). The impact of education on subjective discount rate in Ugandan villages. Economic Development and Cultural Change, 58(4), 643-669.
Becker, G. S. y Mulligan, C. B. (1997). The endogenous determination of time preference. The Quarterly Journal of Economics, 112(3), 729-758.
Berg, J.; Dickhaut, J. et al. (1995). Trust, reciprocity, and social history. Games and economic behavior, 10(1), 122-142.
Brick, K.; Visser, M. et al. (2012). Risk aversion: Experimental evidence from South African fishing communities. American Journal of Agricultural Economics, 94(1), 133-152.
Callen, M. et al. (2014). Violence and risk preference: Experimental evidence from Afghanistan. American Economic Review, 104(1), 123-148.
Cárdenas, J. C. y Carpenter, J. (2008). Behavioural development economics: Lessons from field labs in the Developing World. Journal of Development Studies, 44(3), 311-338.
Cárdenas, J. C. y Carpenter, J. (2013). Risk attitudes and economic well-being in Latin America. Journal of Development Economics, 103, 52-61.
Carlsson, F. et al. (2012). Household decision making in rural China: Using experiments to estimate the influences of spouses. Journal of Economic Behavior & Organization, 84(2), 525-536.
Charness, G.; Gneezy, U. et al. (2013). Experimental methods: Eliciting risk preferences. Journal of Economic Behavior & Organization, 87, 43-51.
Cook, J. et al. (2013). Measuring risk aversion among the urban poor in Kolkata, India. Applied Economics Letters, 20(1), 1-9.
Dave, C. et al. (2010). Eliciting risk preferences: When is simple better? Journal of Risk and Uncertainty, 41(3), 219-243.
Dufwenberg, M.; Gächter, S. et al. (2011). The framing of games and the psychology of play. Games and Economic Behavior, 73(2), 459-478.
Eckel, C. C. y Grossman, P. J. (2008). Differences in the economic decisions of men and women: Experimental evidence. Handbook of Experimental Economics Results 1, chap. 57, 509-519.
Fehr, E. y Gächter, S. (2000). Fairness and retaliation: The economics of reciprocity. The Journal of Economic Perspectives, 14(3), 159-181.
Fischbacher, U. y Föllmi-H. F. (2013). Lies in disguise – An experimental study on cheating. Journal of the European Economic Association, 11(3), 525-547.
Gaudecker, H.-M.; Van, S. A. et al. (2012). Experts in experiments: How selection matters for estimated distributions of risk preferences. Journal of Risk and Uncertainty, 45(2), 159-190.
Hans, P. B. (1980). Attitudes toward risk: Experimental measurement in rural India. American Journal of Agricultural Economics, 62(3), 395-407.
Harrison, G. W.; Lau, M. I. et al. (2002). Estimating individual discount rates in Denmark: A field experiment. American Economic Review, 92(5), 1606-1617.
Johnson, M. W. y Bickel, W. K. (2002). Within-subject comparison of real and hypothetical money rewards in delay discounting. Journal of the Experimental Analysis of Behavior, 77(2), 129-146.
Kirby, K. N. et al. (2002). Correlates of delay-discount rates: Evidence from Tsimane’ Amerindians of the Bolivian rain forest. Journal of Economic Psychology, 23(3), 291-316.
Kirby, K. N. y Herrnstein, R. J. (1995). Preference reversals due to myopic discounting of delayed reward. Psychological Science, 6(2), 83-89.
Kirby, K. N.; Winston, G. C. et al. (2005). Impatience and grades: Delay-discount rates correlate negatively with college GPA. Learning and Individual Differences, 15(3), 213-222.
Liu, E. M. y Huang, J. (2013). Risk preferences and pesticide use by cotton farmers in China. Journal of Development Economics, 103, 202-215.
Meier, S. y Sprenger, C. (2010). Present-biased preferences and credit card borrowing. American Economic Journal: Applied Economics, 2(1), 193-210.
Meier, S. y Sprenger, C. D. (2013). Discounting financial literacy: Time preferences and participation in financial education programs. Journal of Economic Behavior & Organization, 95, 159-174.
Mosley, P. y Verschoor, A. (2005). Risk attitudes and the vicious circle of poverty. European Journal of Development Research, 17(1), 59-88.
Moya, A. (2016). Violence, psychological trauma, and induced changes in risk attitudes: Evidence from victims of violence in Colombia, working paper, 2016.
Rieger, M. O.; Wang, M. et al. (2015). Risk preferences around the world. Management Science, 61(3), 637-648.
Shane, F.; Loewenstein, G. et al. (2002). Time discounting and time preference: A critical review. Journal of Economic Literature, 40(2), 351-401.
Sutter, M. et al. (2013). Impatience and uncertainty: Experimental decisions predict adolescents' field behavior. American Economic Review, 103(1), 510-531.
Tanaka, T.; Camerer, C. F. et al. Risk and time preferences: Linking experimental and household survey data from Vietnam. American Economic Review, 100(1), 557-571.
Voors, M. J. et al. (2012). Violent conflict and behavior: A field experiment in Burundi. American Economic Review, 102(2), 941-964.
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spelling Ortiz Escobar, David45c1c33f-594b-4963-8e72-014799c8d3dd2017-11-09 00:00:002022-09-09T21:16:58Z2017-11-09 00:00:002022-09-09T21:16:58Z2017-11-09En este artículo presento evidencia exploratoria para el caso de Colombia sobre la relación entre ciertas variables socioeconómicas e indicadores de preferencias individuales. Aplicamos una encuesta de hogares y tomamos medidas de preferencia temporal y aversión al riesgo a una muestra de habitantes de Barranca de Upía (Meta). Encuentro que i. La edad está asociada con la preferencia temporal revelada, pero no a la aversión al riesgo revelada; ii. Las mujeres son más aversas al riesgo, y iii. El hecho de haber llegado al pueblo en los últimos cinco años, bien sea buscando oportunidades económicas o huyendo del conflicto armado, está asociado a una alta preferencia temporal revelada y una baja aversión al riesgo revelada.This is a Colombian case study which demonstrates the relationship. We applied a household survey and took measures of temporary preference and risk aversion to a sample of inhabitants of Barranca de Upía (Meta). I f¡nd that i. Age is associated with the time preference revealed, but not risk aversion is revealed; ii. Women are more risk averse, and iii. The fact that they have come to the village in the last f¡ve years, whether looking for economic opportunities or fleeing armed conflict, the revealing of a high temporal preference and a low risk aversion.application/pdftext/htmlapplication/xml10.18601/01245996.v19n37.082346-24500124-5996https://bdigital.uexternado.edu.co/handle/001/12160https://doi.org/10.18601/01245996.v19n37.08spaUniversidad Externado de Colombiahttps://revistas.uexternado.edu.co/index.php/ecoins/article/download/5080/6137https://revistas.uexternado.edu.co/index.php/ecoins/article/download/5080/6447https://revistas.uexternado.edu.co/index.php/ecoins/article/download/5080/6613Núm. 37 , Año 2017 : Julio-Diciembre1653714719Revista de Economía InstitucionalAndersen, S. et al. (2008). Eliciting risk and time preferences. Econométrica, 76(3), 583-618.Anderson, C. L. et al. (2004). Discount rates in Vietnam. Economic Development and Cultural Change, 52(4), 873-887.Andreoni, J. y Sprenger, C. (2012). Estimating time preferences from convex budgets. American Economic Review, 102(7), 3333-3356.Arnaud, R. y Couture, S. (2012). Stability of risk preference measures: results from a field experiment on French farmers. Theory and Decision, 73(2), 203-221.Bauer, M.; Chytilov, J. et al. (2012). Behavioral foundations of microcredit: experimental and survey evidence from rural India. American Economic Review, 102(2), 1118-1139.Bauer, M. y Chytilov, J. (2010). The impact of education on subjective discount rate in Ugandan villages. Economic Development and Cultural Change, 58(4), 643-669.Becker, G. S. y Mulligan, C. B. (1997). The endogenous determination of time preference. The Quarterly Journal of Economics, 112(3), 729-758.Berg, J.; Dickhaut, J. et al. (1995). Trust, reciprocity, and social history. Games and economic behavior, 10(1), 122-142.Brick, K.; Visser, M. et al. (2012). Risk aversion: Experimental evidence from South African fishing communities. American Journal of Agricultural Economics, 94(1), 133-152.Callen, M. et al. (2014). Violence and risk preference: Experimental evidence from Afghanistan. American Economic Review, 104(1), 123-148.Cárdenas, J. C. y Carpenter, J. (2008). Behavioural development economics: Lessons from field labs in the Developing World. Journal of Development Studies, 44(3), 311-338.Cárdenas, J. C. y Carpenter, J. (2013). Risk attitudes and economic well-being in Latin America. Journal of Development Economics, 103, 52-61.Carlsson, F. et al. (2012). Household decision making in rural China: Using experiments to estimate the influences of spouses. Journal of Economic Behavior & Organization, 84(2), 525-536.Charness, G.; Gneezy, U. et al. (2013). Experimental methods: Eliciting risk preferences. Journal of Economic Behavior & Organization, 87, 43-51.Cook, J. et al. (2013). Measuring risk aversion among the urban poor in Kolkata, India. Applied Economics Letters, 20(1), 1-9.Dave, C. et al. (2010). Eliciting risk preferences: When is simple better? Journal of Risk and Uncertainty, 41(3), 219-243.Dufwenberg, M.; Gächter, S. et al. (2011). The framing of games and the psychology of play. Games and Economic Behavior, 73(2), 459-478.Eckel, C. C. y Grossman, P. J. (2008). Differences in the economic decisions of men and women: Experimental evidence. Handbook of Experimental Economics Results 1, chap. 57, 509-519.Fehr, E. y Gächter, S. (2000). Fairness and retaliation: The economics of reciprocity. The Journal of Economic Perspectives, 14(3), 159-181.Fischbacher, U. y Föllmi-H. F. (2013). Lies in disguise – An experimental study on cheating. Journal of the European Economic Association, 11(3), 525-547.Gaudecker, H.-M.; Van, S. A. et al. (2012). Experts in experiments: How selection matters for estimated distributions of risk preferences. Journal of Risk and Uncertainty, 45(2), 159-190.Hans, P. B. (1980). Attitudes toward risk: Experimental measurement in rural India. American Journal of Agricultural Economics, 62(3), 395-407.Harrison, G. W.; Lau, M. I. et al. (2002). Estimating individual discount rates in Denmark: A field experiment. American Economic Review, 92(5), 1606-1617.Johnson, M. W. y Bickel, W. K. (2002). Within-subject comparison of real and hypothetical money rewards in delay discounting. Journal of the Experimental Analysis of Behavior, 77(2), 129-146.Kirby, K. N. et al. (2002). Correlates of delay-discount rates: Evidence from Tsimane’ Amerindians of the Bolivian rain forest. Journal of Economic Psychology, 23(3), 291-316.Kirby, K. N. y Herrnstein, R. J. (1995). Preference reversals due to myopic discounting of delayed reward. Psychological Science, 6(2), 83-89.Kirby, K. N.; Winston, G. C. et al. (2005). Impatience and grades: Delay-discount rates correlate negatively with college GPA. Learning and Individual Differences, 15(3), 213-222.Liu, E. M. y Huang, J. (2013). Risk preferences and pesticide use by cotton farmers in China. Journal of Development Economics, 103, 202-215.Meier, S. y Sprenger, C. (2010). Present-biased preferences and credit card borrowing. American Economic Journal: Applied Economics, 2(1), 193-210.Meier, S. y Sprenger, C. D. (2013). Discounting financial literacy: Time preferences and participation in financial education programs. Journal of Economic Behavior & Organization, 95, 159-174.Mosley, P. y Verschoor, A. (2005). Risk attitudes and the vicious circle of poverty. European Journal of Development Research, 17(1), 59-88.Moya, A. (2016). Violence, psychological trauma, and induced changes in risk attitudes: Evidence from victims of violence in Colombia, working paper, 2016.Rieger, M. O.; Wang, M. et al. (2015). Risk preferences around the world. Management Science, 61(3), 637-648.Shane, F.; Loewenstein, G. et al. (2002). Time discounting and time preference: A critical review. Journal of Economic Literature, 40(2), 351-401.Sutter, M. et al. (2013). Impatience and uncertainty: Experimental decisions predict adolescents' field behavior. American Economic Review, 103(1), 510-531.Tanaka, T.; Camerer, C. F. et al. Risk and time preferences: Linking experimental and household survey data from Vietnam. American Economic Review, 100(1), 557-571.Voors, M. J. et al. (2012). Violent conflict and behavior: A field experiment in Burundi. American Economic Review, 102(2), 941-964.info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2https://creativecommons.org/licenses/by-nc-sa/4.0/https://revistas.uexternado.edu.co/index.php/ecoins/article/view/5080field experimentstemporary preferencerisk aversiondisplacementexperimentos de campopreferencia temporalaversión al riesgodesplazamientoAversión al riesgo, preferencia temporal y variables socioeconómicas: evidencia de un pueblo de ColombiaRisk aversion, temporal preference, and socioeconomic variables: evidence from a Colombian peopleArtículo de revistahttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1http://purl.org/coar/version/c_970fb48d4fbd8a85Textinfo:eu-repo/semantics/articleJournal articlehttp://purl.org/redcol/resource_type/ARTREFinfo:eu-repo/semantics/publishedVersionPublicationOREORE.xmltext/xml2600https://bdigital.uexternado.edu.co/bitstreams/f36c1be5-5c40-4c4e-b086-60247deaf0b4/downloadf5f9772d46a20eff2aa84e46990ecf90MD51001/12160oai:bdigital.uexternado.edu.co:001/121602023-08-14 15:18:18.883https://creativecommons.org/licenses/by-nc-sa/4.0/https://bdigital.uexternado.edu.coUniversidad Externado de Colombiametabiblioteca@metabiblioteca.org