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- Title
Risk Aversion: Experimental Evidence from South African Fishing Communities.
- Authors
Brick, Kerri; Visser, Martine; Burns, Justine
- Abstract
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.
- Subjects
SOUTH Africa; FISHING villages; MARITIME anthropology; NATURAL resources; FISHERIES; AGRICULTURE
- Publication
American Journal of Agricultural Economics, 2012, Vol 94, Issue 1, p133
- ISSN
0002-9092
- Publication type
Article
- DOI
10.1093/ajae/aar120