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Agent Behavior under Risky and Uncertain Conditions. An Empirical Verification of Irving Fisher’s Notion of Time Preference AgEcon
Balgah, Roland Azibo; Buchenrieder, Gertrud.
Irving Fisher's theory on time preference in the 1930s arguably influenced the analysis of agents' current behavior with respect to future outcomes. By suggesting linear discount rates implying rational and self-interested motives of agents, Fisher substantiated neoclassical economic thinking. However, Fisher's notion of time preference, the choice between present and future enjoyment that actually integrates a psychological discounting component has not received similar attention in the scholarly literature. This paper aims at closing this gap. It empirically examines agent behavior under uncertain conditions culminating from natural shocks, and differentiates the psychic from the physical component. To empirically test Fisher's notion of time preference,...
Tipo: Conference Paper or Presentation Palavras-chave: Risks; Uncertainty; Agent behavior; Fisher; Time preference; Cameroon; Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/114214
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Use of fishing resources by women in the Mamanguape River Estuary, Paraíba state, Brazil Anais da ABC (AABC)
Rocha,Michelle S.P.; Santiago,Idalina M.F.L.; Cortez,Creuza S.; Trindade,Priscila M.; Mourão,José S..
We evaluated the appropriation and use of fishing resources by women residing near the Mamanguape River Estuary (MRE), Paraíba state, Brazil. Were used combinations of qualitative (interviews and direct observations) and quantitative methods (use value and corrected principal use concordance). Thirty women were interviewed and reported the use of 41 species (30 fish, 8 crustaceans, and 3 mollusks), mainly for local consumption and sale. The species with the highest use value were Genidens genidens (0.7), Callinectes exasperatus (0.73) and Anomalocardia brasiliana (0.46). The diversity of resources exploited demonstrates the importance of the mangrove ecosystem to MRE families, and the data gathered can serve as a basis for formulating public policies to...
Tipo: Info:eu-repo/semantics/article Palavras-chave: Fisher; Fishing resources; Mangrove; Mamanguape River Estuary.
Ano: 2012 URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0001-37652012000400032
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