Preference adaptation to risk exposure

Marc Willinger

<p>People who have been living for a long time in areas where they are threaten by natural hazards are likely to have adapted in various ways to their hazardous environment. I investigate whether risk preferences (and other preferences) of individuals exposed to a background risk differ with respect to the preferences of individuals that are not exposed to such risk. For that purpose, I conducted field experiments in several places around the world (Arequipa in Per&uacute;, Yogyakarta in Indonesia and Saint-Louis in S&eacute;n&eacute;gal) that are exposed to natural hazards. Findings about preference adaptation are discussed and put into perspective with respect to economic theory and policy design.&nbsp;</p>

2023-11-22 (Wednesday) 16:40-18:00

Room N302, Economics Building

English

厦门大学研究生院、经济学院、王亚南经济研究院、邹至庄经济研究院

厦门大学经济学院财政系

独立讲座

Zhi Li

<p>Marc Willinger is professor of economics at the University of Montpellier (UM) and member of the Center for Environmental Economics of Montpellier (CEE-M). His main research area is experimental and behavioral economics. His research relies mainly on laboratory and field experiments to study risk taking and social preferences in the context of social dilemmas and asymmetric information. His current research interests are on local adaptation to a risky environment and on trading behavior in experimental asset markets, with a focus on socially responsible investments.</p>

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