We show how policymakers in developing regions can generate richer insights from using the choice experiment method best-worst scaling (BWS) method when ranking policy priorities on an importance scale. More specifically, we adopt BWS to provide an update on constraints that limit the...

Increasing penalty structures for repeat offenses are ubiquitous in penal codes, despite little empirical or theoretical support. Multi-period models of criminal enforcement based on the standard economic approach of Becker (1968) generally find that the optimal penalty structure is either flat...

Decreasing social sensitivity (i.e., the ability of a person to perceive, understand, and respect the feelings and viewpoints of others), has been shown to facilitate selfish behavior. This is not only true for exogenous changes in social sensitivity, but also for social sensitivity influenced...

Empirical evidence supports the hypothesis that an individual’s position in an income stratum—more than the absolute income level—determines subjective well-being. However, studies on subjective well-being suffer from a critical methodological weakness: they use exogenously defined...

Livestock plays a pivotal role for smallholder production systems in mountainous Northern Vietnam. Economic risks, especially the loss of livestock, are major reasons for slipping into poverty. Normally, insurance systems could step in to assist. In developing countries however, insurance...

This article addresses one of the key challenges facing transitional and emerging economies: managing rural–urban migration to tackle rural decline and the associated rapid urbanisation. We introduce New Institutionalism as a novel conceptual framework to analyse the interactions between the...

Table of Contents: Gertrud Buchenrieder and Judith Möllers, The transformation of the rural economy in the new member states of the European Union: Implications for empirical analyses of rural structural change and livelihoods ... 1; Luka Juvančič and Tina Jaklič, Recent trends, drivers and...

The findings presented in this edited book are derived from the activities of the SCARLED (Structural Change in Agriculture and Rural Livelihoods) project. It had been co-financed by the European Commission and lasted from January 2007 until September 2010. SCARLED pursued two major research...

People use social comparisons to reduce uncertainty when facing new or stressful situations. This study explores how a stressful experience, the COVID-19 pandemic, changed how people compare their income. It relates these changes to subjective well-being (SWB). We use a repeated cross-sectional...