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Preferences and Experiments
My work on preferences includes studies of risk preferences and time preferences of poor rural households in Ethiopia, Indonesia and Zambia. The research has aimed at assessing how these preferences are related to the level of poverty of households as well as some of the behavioural consequences of their preferences. Such behavioural consequences may also have important policy implications and may provide a basis for interventions on poverty, equity or environmental grounds. For example,
Recently we started work using experiments to assess intrahousehold collaboration, gender balance in decision-making, generosity and intra-household cooperation in the project "Joint land certification: Towards Empowerment or Marginalization?" funded by the Research Council of Norway and in studies of youth livelihood opportunities in Ethiopia.
Recent papers:
Holden, S. T. (2014). Risky Choices of Poor People: Comparing Risk Preference Elicitation Approaches in Field Experiments. CLTS Working Paper No. 10/2014. Centre for Land Tenure Studies, Norwegian University of Life Sciences, Aas, Norway.
Holden, S. T. and Bezu, S. (2014). Are Wives less Selfish than their Husbands? Evidence from Hawk-Dove Game Field Experiments. CLTS Working Paper No. 3/2014. Centre for Land Tenure Studies, Norwegian University of Life Sciences, Ås, Norway.
Holden, S. T. (2014). Explaining anomalies in intertemporal choice: A mental zooming theory. CLTS Working Paper No. 2/2014. Centre for Land Tenure Studies, Norwegian University of Life Sciences, Ås, Norway.
Intra-household Coordination, Cooperation and Pareto-efficiency: Lab-in-the-Field Hawk-Dove Game Experiments,by Stein T. Holden and Sosina Bezu. Paper presented at the Norwegian Economists' Annual Conference, January 6-7th, 2014.
Holden, S. T. and Lunduka, R. (2014). Input Subsidies, Cash Constraints and Timing of Input Supply. American Journal of Agricultural Economics 96(1): 290–307.Link
Holden, Stein T. and Sosina Bezu (2013). Joint Land Certification and Intra-household Decision-making: Towards Empowerment of Wives?. CLTS Working Paper No. 14/2013. Centre for Land Tenure Studies, Norwegian University of Life Sciences, Ås, Norway.
Bezu, Sosina and Stein T. Holden (2013). Land Access and Youth Livelihood Opportunities in Southern Ethiopia CLTS Working Paper No. 11/2013. Centre for Land Tenure Studies, Norwegian University of Life Sciences, Ås, Norway.
Holden, Stein T. (2013). High discount rates: - An artifact caused by poorly framed experiments or a result of people being poor and vulnerable? CLTS Working Paper No. 8/2013. Centre for Land Tenure Studies, Norwegian University of Life Sciences, Ås, Norway.
Tadesse, M., Alfnes, F., Holden, S. and Erenstein, O.(2013). Demand for drought insurance in Ethiopia. Chapter 17 in R. Gommes and F. Kayitakire (Eds.), The challenges of index-based insurance for food security in developing countries. European Union, Luxembourg Publications Office, Luxembourg.
Sosina Bezu and Stein Holden. Generosity and social distance in dictator game field experiments with and without a face. CLTS Working Paper No. 1/2013. Centre for Land Tenure Studies, Norwegian University of Life Sciences, Ås, Norway. Powerpoint
Holden, S. T. and Lunduka, R. (2010). Cash Constraints and Sticky Input Expenditures: -Experimental Evidence from Malawi. Paper prepared for presentation at Samfunnsøkonomenes Årskonferanse, 5-7. January 2011, at Norges Handelshøyskole, Bergen. Link.
Holden, S. T. and Lunduka, R. (2010). Impacts of the fertilizer subsidy program in Malawi: Targeting, household perceptions and preferences. Report to NORAD. Department of Economics and Resource Management, Norwegian University of Life Sciences. Link to paper. Link to blog briefs.
Earlier publications:
Wik, M., Aragie, T. K., Bergland, O. and Holden, S. T. (2004). On the Measurement of Risk Aversion from Experimental Data. Applied Economics 36, 2443-2451. Link
Holden, S. T. and Shiferaw, B.(2002). Poverty and Land Degradation: Peasants’ Willingness to Pay to Sustain Land Productivity. In C. B. Barrett, F. M. Place, and A. A. Aboud (eds.), Natural Resource Management in African Agriculture: Understanding and Improving Current Practices. CABI Publishing in Association with International Centre for Research in Agroforestry, Oxon and New York.
Holden, S. T., Shiferaw, B. and Wik, M.(1998). Poverty, Market Imperfections, and Time Preferences: Of Relevance for Environmental Policy? Environment and Development Economics 3: 105-130. See: Abstract
Holden, S. T., Shiferaw, B. and Wik, M.(1996). Poverty, Credit Constraints, and Time Preferences: Of Relevance for Environmental Policy? Paper presented at the XXIII International Conference of Agricultural Economists in Sacramento August 1997.
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