Replication data for: Risk Pooling, Risk Preferences, and Social Networks

Principal Investigator(s): View help for Principal Investigator(s) Orazio Attanasio; Abigail Barr; Juan Camilo Cardenas; Garance Genicot; Costas Meghir

Version: View help for Version V1

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Project Citation:

Attanasio, Orazio, Barr, Abigail, Cardenas, Juan Camilo, Genicot, Garance, and Meghir, Costas. Replication data for: Risk Pooling, Risk Preferences, and Social Networks. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113814V1

Project Description

Summary: Using data from an experiment conducted in 70 Colombian communities, we investigate who pools risk with whom when trust is crucial for enforcing risk pooling arrangements. We explore the roles played by risk attitudes and social networks. Both empirically and theoretically, we find that close friends and relatives group assortatively on risk attitudes and are more likely to join the same risk pooling group, while unfamiliar participants group less and rarely assort. These findings indicate that where there are advantages to grouping assortatively on risk attitudes those advantages may be inaccessible when trust is absent or low. (JEL C93, O12, O18, Z13)

Scope of Project

JEL Classification:
      C93 Field Experiments
      O12 Microeconomic Analyses of Economic Development
      O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
      Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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V1 [2019-10-12]

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