eprintid: 26252
rev_number: 49
eprint_status: archive
userid: 1482
importid: 105
dir: disk0/00/02/62/52
datestamp: 2018-09-19 09:28:56
lastmod: 2023-06-01 07:40:20
status_changed: 2023-06-01 07:40:20
type: article
succeeds: 19668
metadata_visibility: show
creators_name: Alger, Ingela
creators_name: Juarez, Laura
creators_name: Juarez-Torres, Miriam
creators_name: Miquel-Florensa, Josepa
creators_idrefppn: 234173319
creators_idrefppn: 241586844
creators_affiliation: Institute for Advanced Study in Toulouse; Toulouse School of Economics; University of Toulouse Capitole; CNRS
creators_affiliation: Toulouse School of Economics; University of Toulouse 1 Capitole
creators_halaffid: 1002422 ; 441569
creators_halaffid: 1002422
title: Do informal transfers induce lower efforts? Evidence from lab-in-the-field experiments in rural Mexico
ispublished: pub
subjects: subjects_ECO
abstract: How does informal risk sharing affect incentives to avoid risk? While moral hazard is expected under formal insurance, theory suggests that the incentive effects of informal risk sharing are ambiguous: internalization of the external effects of transfers on others may reduce or enhance incentives to avoid risk. To study this issue, which is particularly relevant for developing economies, we designed a novel real-effort lab experiment and conducted it in 16 small villages in rural Mexico. We find that subjects internalize the effects of transfers enough for the presence of transfers to significantly increase effort compared to autarky situations.
date: 2020-10
date_type: published
publisher: University of Chicago Press
id_number: 10.1086/702858
official_url: http://tse-fr.eu/pub/32938
faculty: tse
divisions: tse
keywords: informal insurance
keywords: effort
keywords: moral hazard
keywords: free-riding effect
keywords: empathy effect
language: en
has_fulltext: TRUE
doi: 10.1086/702858
subjectsJEL: JEL_C91
subjectsJEL: JEL_D64
subjectsJEL: JEL_O12
physical_desc: 65
view_date_year: 2020
full_text_status: public
publication: Economic Development and Cultural Change
volume: vol. 69
number: n° 1
pagerange: 107-171
refereed: TRUE
issn: 0013-0079
oai_identifier: oai:tse-fr.eu:32938
harvester_local_overwrite: faculty
harvester_local_overwrite: pending
harvester_local_overwrite: creators_affiliation
harvester_local_overwrite: publisher
harvester_local_overwrite: number
harvester_local_overwrite: volume
harvester_local_overwrite: creators_idrefppn
harvester_local_overwrite: creators_halaffid
oai_lastmod: 2023-05-26T09:44:26Z
oai_set: tse
site: ut1
citation:   Alger, Ingela <https://www.idref.fr/234173319>, Juarez, Laura, Juarez-Torres, Miriam and Miquel-Florensa, Josepa <https://www.idref.fr/241586844>  (2020) Do informal transfers induce lower efforts? Evidence from lab-in-the-field experiments in rural Mexico.    Economic Development and Cultural Change, vol. 69 (n° 1).  pp. 107-171.       
document_url: https://publications.ut-capitole.fr/id/eprint/26252/1/mexico_2018.pdf