Despite the growing numbers of forcibly displaced persons worldwide, many people living under conflict choose not to flee. Individuals face two lotteries -- staying or leaving -- characterized by two distributions of potential outcomes. This paper proposes to model the choice between these two lotteries using quantile maximization as opposed to expected utility theory. The paper posits that risk-averse individuals aim at minimizing losses by choosing...
Exibir mais
DETALHES
-
2018/03/26
-
Documento de trabalho sobre pesquisa de políticas
-
WPS8376
-
1
-
1
-
2018/03/26
-
Disclosed
-
Risk preferences and the decision to flee conflict
-
conflict and violence
DOWNLOADS
COMPLETAR RELATÓRIO
Versão oficial do documento (pode conter assinaturas, etc.)
-
Total Downloads** : 976
*A versão do texto é um OCR incorreto e está incluído unicamente em benefício de usuários com conectividade lenta.