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Experiencing Natural Disasters: How This Influences Risk Aversion and Trust

In: Natural Disasters and Individual Behaviour in Developing Countries

Author

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  • Oliver Fiala

    (TU Dresden)

Abstract

This chapter investigates the effect of natural disasters on individual behaviour, with a particular focus on individuals’ risk-taking behaviour and levels of trust. A theoretical analysis and empirical results from the literature are followed by an introduction to the conducted field experiment. Thereafter, empirical evidence from rural Cambodia will be presented in order to investigate the impact of natural disaster exposure and other socio-economic factors on individuals’ risk-taking propensity and levels of trust and trustworthiness.

Suggested Citation

  • Oliver Fiala, 2017. "Experiencing Natural Disasters: How This Influences Risk Aversion and Trust," Contributions to Economics, in: Natural Disasters and Individual Behaviour in Developing Countries, chapter 0, pages 43-83, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-53904-1_3
    DOI: 10.1007/978-3-319-53904-1_3
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    Cited by:

    1. Cantelmo, Alessandro & Melina, Giovanni & Papageorgiou, Chris, 2023. "Macroeconomic outcomes in disaster-prone countries," Journal of Development Economics, Elsevier, vol. 161(C).

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