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Publication Details
AFRICAN RESEARCH NEXUS
SHINING A SPOTLIGHT ON AFRICAN RESEARCH
agricultural and biological sciences
Risk aversion: Experimental evidence from South African fishing communities
American Journal of Agricultural Economics, Volume 94, No. 1, Year 2012
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Description
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. © The Author (2011). Published by Oxford University Press on behalf of the Agricultural and Applied Economics Association. All rights reserved.
Authors & Co-Authors
Brick, Kerri
South Africa, Cape Town
University of Cape Town
Visser, Martine
South Africa, Cape Town
University of Cape Town
Burns, Justine
South Africa, Cape Town
University of Cape Town
Statistics
Citations: 141
Authors: 3
Affiliations: 1
Identifiers
Doi:
10.1093/ajae/aar120
ISSN:
00029092
e-ISSN:
14678276
Study Locations
South Africa
Participants Gender
Male
Female