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Revista de Economía Institucional
Print version ISSN 0124-5996
Abstract
ORTIZ-ESCOBAR, David. Risk aversion, temporal preference, and socioeconomic variables: evidence from a Colombian people. Rev.econ.inst. [online]. 2017, vol.19, n.37, pp.147-165. ISSN 0124-5996. https://doi.org/10.18601/01245996.v19n37.08.
This is a Colombian case study which demonstrates the relationship. We applied a household survey and took measures of temporary pre ference and risk aversion to a sample of inhabitants of Barranca de Upía (Meta). I find that if. 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 five years, whether looking for economic opportunities or fleeing armed conflict, the revealing of a high temporal preference and a low risk aversion.
Keywords : field experiments, temporary preference, risk aversion, displacement; JEL: C93, D91, O54.