Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam
通过在越南村庄的实验，研究了风险和时间偏好的预测因素，发现高收入村庄的人更不厌恶损失且更有耐心，家庭收入与耐心相关但与风险无关。
We conducted experiments in Vietnamese villages to determine the predictors of risk and time preferences. In villages with higher mean income, people are less loss-averse and more patient. Household income is correlated with patience but not with risk. We expand measurements of risk and time preferences beyond expected utility and exponential discounting, replacing those models with prospect theory and a three-parameter hyperbolic discounting model. Comparable risk parameter estimates have been found for Chinese farmers, using our method. (C83, D12, O12, P38)