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 language | English |
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Pages (from-to) | 115-119 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 88 |
Issue number | 1 |
DOIs | |
Publication status | Published - Jul 2005 |
Externally published | Yes |
Keywords
- poverty
- decision-making behavior
- research approach
- TIME PREFERENCE
- RISK