The poverty challenge: How individual decision-making behavior influences poverty

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

What drives poverty? we propose a research approach to study poverty by focusing on individual decision-making behavior in which the interaction between individual's innovativeness and time preference rate is crucial to begin understanding poverty. This approach enables policy makers to formulate efficient and effective policy and provides economists with an alternative research tool to study poverty.
Original languageEnglish
Pages (from-to)115-119
Number of pages5
JournalEconomics Letters
Volume88
Issue number1
DOIs
Publication statusPublished - Jul 2005
Externally publishedYes

Keywords

  • poverty
  • decision-making behavior
  • research approach
  • TIME PREFERENCE
  • RISK

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