Risk Aversion: Experimental Evidence from South African Fishing Communities
通过实验测量南非西海岸渔业社区个体的风险态度,发现女性渔民和权利持有者更厌恶风险,且风险厌恶程度越高,对渔业法规的遵守程度越低。
We estimate the risk attitudes of a large sample of individuals from various fishing communities along the west coast of South Africa. Female fishers and rights holders are found to be more risk averse than their male counterparts, while rights holders are found to be less risk averse relative to subjects without fishing rights. Risk attitudes are found to be correlated with compliance with fisheries regulations. In particular, a greater degree of risk aversion translates into a reduction in compliance. Furthermore, in the case of gender, female fishers and rights holders are more likely to comply with fisheries regulations.