The purpose of the present paper is to disentangle the mechanisms that connect climate
change-induced disasters, inequality and vulnerability by accounting for both directions of …

The moral and economic imperatives to intervene in poverty traps motivate the identification
of poverty traps and their structural causes so as to inform the design of appropriate policy …

This paper introduces the special issue,“Natural Disaster, Poverty, and Development.” We
examine the macro-level nexus between natural disasters and poverty, discuss prospects for …

Despite solid theoretical foundations for the notion that poor, borrowing-constrained
households will intertemporally manage assets to smooth consumption, the consumption …

The yield potential of a set of improved rice management practices, known as the System of
Rice Intensification (SRI), has attracted much attention. Yet we know surprisingly little about …

This paper evaluates the welfare impacts of an index-based livestock insurance designed to
compensate for satellite-based predicted livestock mortality in northern Kenya, where …

The importance of risk preferences in agricultural production has long been identified as an
important and preeminent issue of policy relevance. Recent developments in the study of …

The generalized expected utility literature typically assumes an absence of judgment bias in
the individual perception of probabilities when inferring risk preferences. This assumption is …

Most decisions involve variability in two dimensions: uncertainty across states of nature and
fluctuations over time. The stakes involved in tradeoffs between these variability dimensions …

In situations of poverty, do people take more or less risk? One hypothesis states that poverty
makes people avoid risk, because they cannot buffer against losses, while another states …