Lưu trữ Behavioral Economics and Social Capital - EEPSEA Partnership https://localhost/eepsea-partnership/tag/behavioral-economics-and-social-capital/ Economy & Environment Partnership for Southeast Asia Thu, 14 Jan 2021 09:23:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://localhost/eepsea-partnership/wp-content/uploads/2020/05/cropped-EEPSEA-Header-3-32x32.png Lưu trữ Behavioral Economics and Social Capital - EEPSEA Partnership https://localhost/eepsea-partnership/tag/behavioral-economics-and-social-capital/ 32 32 Intertemporal Decisions for Oneself and for a Group and Conservation Decisions: Evidence from a Thai Coastal Village https://localhost/eepsea-partnership/intertemporal-decisions-for-oneself-and-for-a-group-and-conservation-decisions-evidence-from-a-thai-coastal-village/ Mon, 04 Jan 2021 15:01:35 +0000 https://eepseapartners.252.toppage.vn/?p=1370 By Suparee Boonmanunt, Thomas Lauer, Bettina Rockenbach, Arne Weiss Summary: This study investigates the effects of others’ time preferences on the subjects’ decisions for a group. A lab-in-the-field experiment with Thai coastal villagers was conducted to elicit time preferences. First, the participants decide for themselves and results show that on average, their choices show a [...]

Bài viết Intertemporal Decisions for Oneself and for a Group and Conservation Decisions: Evidence from a Thai Coastal Village đã xuất hiện đầu tiên vào ngày EEPSEA Partnership.

]]> By Suparee Boonmanunt, Thomas Lauer, Bettina Rockenbach, Arne Weiss
Summary: This study investigates the effects of others’ time preferences on the subjects’ decisions for a group. A lab-in-the-field experiment with Thai coastal villagers was conducted to elicit time preferences. First, the participants decide for themselves and results show that on average, their choices show a present bias. The participants then decide for a group that include themselves. Prior to this decision, the participants are informed about the choices that the other members made in the individual setting. Results show that the choices made for the group are significantly less present-biased. The mechanism driving this result is that the information about a more patient member is more influential than the information about a less patient member. This study also examines the relationship between intertemporal decisions and conservation. A mangrove-planting activity was organized to observe the participants’ actual contribution to a conservation activity. The number of mangrove seeds planted and the participants’ membership status in a conservation group were used as proxies for their individual conservation decisions. Results suggest that less present-biased participants contribute more to the planting activity and seem to be more likely to be members of the conservation group, although conservation decisions are unrelated to the villagers’ long-run discounting.

Research Report: Download

Policy Brief: Download
Country: Thailand
Publication Year: 2016
Research Areas: Behavioral Economics and Social Capital
Research Topic: Cooperative Behavior, Public Good and Trust
Analytical Framework: Behavioral/Experimental Economics

Bài viết Intertemporal Decisions for Oneself and for a Group and Conservation Decisions: Evidence from a Thai Coastal Village đã xuất hiện đầu tiên vào ngày EEPSEA Partnership.

]]> Is the Value of Statistical Life Sensitive to the Choice of Measure? Evidence from Transportation Accident and Cancer Risks in Vietnam https://localhost/eepsea-partnership/is-the-value-of-statistical-life-sensitive-to-the-choice-of-measure-evidence-from-transportation-accident-and-cancer-risks-in-vietnam/ Mon, 04 Jan 2021 14:03:16 +0000 https://eepseapartners.252.toppage.vn/?p=1334 By Nguyen Tuan Kiet, Jack Knetsch Summary: This research tested for possible differences between WTA and WTP estimates of VSL, for changes in both risks of cancer and transportation deaths. A total of 1,100 respondents residing in Can Tho City were randomly surveyed. The results show that WTA-based VSL estimates are about five to six [...]

Bài viết Is the Value of Statistical Life Sensitive to the Choice of Measure? Evidence from Transportation Accident and Cancer Risks in Vietnam đã xuất hiện đầu tiên vào ngày EEPSEA Partnership.

]]> By Nguyen Tuan Kiet, Jack Knetsch
Summary: This research tested for possible differences between WTA and WTP estimates of VSL, for changes in both risks of cancer and transportation deaths. A total of 1,100 respondents residing in Can Tho City were randomly surveyed. The results show that WTA-based VSL estimates are about five to six times larger than WTP-based VSL estimates. While showing large differences, these differences may be due not only to the disparity in valuations of gains and losses, but also to the influence of the asymmetric impact of an income or wealth constraint that limits the sums that individuals can pay in the WTA measure while imposing no restraint on the sums people can demand to accept a loss. A further bounded non-monetary scale was used to test for differences between the two valuations in the absence of any wealth constraint. The results were fully consistent with the observed disparity in the monetary evaluations. These results point to the likelihood of a serious bias in many current VSL estimates that ignore the impact of the widely observed valuation disparity, and to the need to better determine instances in which the WTA is the more appropriate measure and those in which the more traditional WTP measure is the better choice.

Research Report: Download

Country: Vietnam
Publication Year: 2017
Research Areas: Behavioral Economics & Social Capital
Research Topic: Adaptation practices/projects
Analytical Framework: Behavioral/Experimental Economics

Bài viết Is the Value of Statistical Life Sensitive to the Choice of Measure? Evidence from Transportation Accident and Cancer Risks in Vietnam đã xuất hiện đầu tiên vào ngày EEPSEA Partnership.

]]> Crop-Choice Games for Analyzing Externality Problems of Rice Field Conversion into Oil Palm Plantation in North Sumatera Province, Indonesia https://localhost/eepsea-partnership/crop-choice-games-for-analyzing-externality-problems-of-rice-field-conversion-into-oil-palm-plantation-in-north-sumatera-province-indonesia/ Mon, 04 Jan 2021 13:44:18 +0000 https://eepseapartners.252.toppage.vn/?p=1318 By Eva Anggraini Summay: This study conducted a crop-choice game to understand farmers’ farming decisions on arable land use and to analyze the kind of institutions (i.e., sanctioning versus leading-by-example) that might be effective to solve the externality problems emanating from rice-field conversion into oil palm plantations. The game also aimed to determine the extent [...]

Bài viết Crop-Choice Games for Analyzing Externality Problems of Rice Field Conversion into Oil Palm Plantation in North Sumatera Province, Indonesia đã xuất hiện đầu tiên vào ngày EEPSEA Partnership.

]]> By Eva Anggraini
Summay: This study conducted a crop-choice game to understand farmers’ farming decisions on arable land use and to analyze the kind of institutions (i.e., sanctioning versus leading-by-example) that might be effective to solve the externality problems emanating from rice-field conversion into oil palm plantations. The game also aimed to determine the extent to which spatial dimension influences farmers’ decisions. A total of 212 observations consisting of rice and oil palm farmers in two districts in Sumatera Utara province participated in the experiment. The results showed that the baseline scenario had the highest conversion rate (2.59), followed by the leading-by-example scenario (2.39), and then by the sanctioning scenario (1.78). This result indicates that institutional mechanism is required to solve the externality problems, and that sanctioning makes a more significant influence than leading-by-example in reducing the conversion rate. However, the conversion rates of the rice plots located at the center and at the borders did not significantly differ from one another in all scenarios. To prevent further externality problems in arable land use, we suggest establishing local institutions (i.e., informal rules agreed by farmers through sanctioning mechanism) and enhancing formal rules on land use through specifying spatial planning at the village and district levels.

Research Report: Download

Country: Indonesia
Publication Year: 2017
Research Areas: Behavioral econ & social capital
Research Topic: Cooperative behavior, public good & trust
Analytical Framework: Behavioral/Experimental Economics

Bài viết Crop-Choice Games for Analyzing Externality Problems of Rice Field Conversion into Oil Palm Plantation in North Sumatera Province, Indonesia đã xuất hiện đầu tiên vào ngày EEPSEA Partnership.

]]>