Datum
2024-10-10Metadata
Zur Langanzeige
Aufsatz
Impact of externalities on fishers' risk-taking decisions: Evidence from an experimental study at Lake Victoria, Uganda
Zusammenfassung
Risk decisions by fishers are often accompanied by certain or uncertain externalities. However, the consideration of these externalities in their risk decisions has received little attention so far. In this study, we investigate how resource users incorporate certain or uncertain externalities into their risk decisions. We do this by conducting a lab-in-the-field experiment with Ugandan fishers at Lake Victoria. The fishers make a financially relevant risk decision with different levels of certainty about how a risky decision affects the income of a second fisher. In the treatments, a risky decision has either no impact, a possible positive or negative impact, a possible negative or no impact, or a certain negative impact on the other fisher's income. Our results show that fishers take significantly less risk when risky decisions have a certain negative effect on the income of another fisher than when they have no effect and the other fisher receives a fixed income. They also show that risk-taking only increases significantly compared to individual risk decisions when fishers know the other fisher's income but their risk decision has no impact on it.
Förderhinweis
Gefördert im Rahmen des Projekts DEALZitieren
@article{doi:10.17170/kobra-2024102811017,
author={Händel, Philipp Daniel and Namuyiga, Dorothy Birungi},
title={Impact of externalities on fishers' risk-taking decisions: Evidence from an experimental study at Lake Victoria, Uganda},
journal={Journal of Economic Behavior and Organization},
year={2024}
}
0500 Oax
0501 Text $btxt$2rdacontent
0502 Computermedien $bc$2rdacarrier
1100 2024$n2024
1500 1/eng
2050 ##0##http://hdl.handle.net/123456789/16124
3000 Händel, Philipp Daniel
3010 Namuyiga, Dorothy Birungi
4000 Impact of externalities on fishers' risk-taking decisions: Evidence from an experimental study at Lake Victoria, Uganda / Händel, Philipp Daniel
4030
4060 Online-Ressource
4085 ##0##=u http://nbn-resolving.de/http://hdl.handle.net/123456789/16124=x R
4204 \$dAufsatz
4170
5550 {{Uganda}}
5550 {{Victoriasee}}
5550 {{Fischerei}}
5550 {{Risikobereitschaft}}
5550 {{Entscheidung bei Risiko}}
7136 ##0##http://hdl.handle.net/123456789/16124
<resource xsi:schemaLocation="http://datacite.org/schema/kernel-2.2 http://schema.datacite.org/meta/kernel-2.2/metadata.xsd"> 2024-10-28T10:29:58Z 2024-10-28T10:29:58Z 2024-10-10 doi:10.17170/kobra-2024102811017 http://hdl.handle.net/123456789/16124 Gefördert im Rahmen des Projekts DEAL eng Namensnennung 4.0 International http://creativecommons.org/licenses/by/4.0/ lab-in-the-field experiment uncertain externalities social risk small-scale fishery Lake Victoria 300 Impact of externalities on fishers' risk-taking decisions: Evidence from an experimental study at Lake Victoria, Uganda Aufsatz Risk decisions by fishers are often accompanied by certain or uncertain externalities. However, the consideration of these externalities in their risk decisions has received little attention so far. In this study, we investigate how resource users incorporate certain or uncertain externalities into their risk decisions. We do this by conducting a lab-in-the-field experiment with Ugandan fishers at Lake Victoria. The fishers make a financially relevant risk decision with different levels of certainty about how a risky decision affects the income of a second fisher. In the treatments, a risky decision has either no impact, a possible positive or negative impact, a possible negative or no impact, or a certain negative impact on the other fisher's income. Our results show that fishers take significantly less risk when risky decisions have a certain negative effect on the income of another fisher than when they have no effect and the other fisher receives a fixed income. They also show that risk-taking only increases significantly compared to individual risk decisions when fishers know the other fisher's income but their risk decision has no impact on it. open access Händel, Philipp Daniel Namuyiga, Dorothy Birungi doi:10.1016/j.jebo.2024.106757 C91 D62 D81 Q22 Uganda Victoriasee Fischerei Risikobereitschaft Entscheidung bei Risiko publishedVersion eissn:1879-1751 Journal of Economic Behavior and Organization Volume 227 false 106757 </resource>
Die folgenden Lizenzbestimmungen sind mit dieser Ressource verbunden:
Solange nicht anders angezeigt, wird die Lizenz wie folgt beschrieben: Namensnennung 4.0 International