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A common premise in both the theoretical and policy literatures on development is that people remain poor because they are too impatient to save and too risk averse to take the sort of chances needed to accumulate wealth. The empirical literature, however, suggests that this assumption is far...
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This paper explores the link between what people say they prefer to do and what they actually do. Using data from an experimental project explored trust and pro-sociality for representative samples of individuals in six Latin American capital cities, the paper links the results of these...
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This paper explores the extent to which individuals trust, reciprocate, cooperate and pool risk by using a battery of field experiments containing the trust game, the voluntary contributions mechanism and the risk pooling game; applied in six capital cities in Latin America. The results suggest...
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