1. Are religious farmers more risk taking? empirical evidence from ethiopia
- Collection:
- Agricultural Communications Documentation Center (ACDC)
- Contributers:
- Abraha Kahsay, Goytom (author), Asmare Kassie, Workineh (author), Medhin, Haileselassie (author), and Gårn Hansen, Lars (author)
- Format:
- Journal article
- Publication Date:
- 2022-02-08
- Published:
- United States: Wiley Online
- Location:
- Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 204 Document Number: D12441
- Journal Title:
- Journal of Agricultural Economics
- Notes:
- 16 pages, There is growing evidence that religiosity affects important socio-economic outcomes. A potential channel through which religiosity affects these outcomes is by shaping individuals’ risk preferences. We combine a lab-in-the-field experiment, survey, and focus-group discussions to investigate the effect of religiosity on risk-taking among rural people in Ethiopia. We find evidence that religious farmers are more risk-taking. The effect is likely driven by the trust/belief in God as the omniscient and just power in determining outcomes under uncertainty. This is further corroborated by results from follow-up focus-group discussions.