Professor Tarp has four decades of experience in academic and applied development economics research and teaching. His field experience covers more than two decades of in-country work in 35 countries across Africa and the developing world more...
This project investigates issues concerning poverty and vulnerability in developing countries building on behavioural economics. The project seeks to derive poverty measures that are based on prospect theory, an alternative model to expected utility theory for decision-making under uncertainty. The new measure takes into account the reference point individuals use when evaluating their wellbeing and the possibility for loss aversion, which highlights the importance of downside risks. These measures are then implemented using panel and cross-section data from developing countries.
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Working Paper
Behavioral DesignSuccessful development programs rely on people to behave and choose in certain ways, and behavioral economics helps us understand why people behave and choose as they do. Approaching problems in development using behavioral economics thus leads to...
Working Paper
Savings By and For the PoorThe poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have...
Journal Article
Social Capital, Network Effects, and Savings in Rural VietnamPart of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Article
Savings by and for the PoorPart of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Article
Introduction: poverty, development, and behavioral economicsPart of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Article
Behavioral DesignPart of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Article
Do Non-Enforceable Contracts Matter?Part of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Article
Aid Distribution and Cooperation in Unequal CommunitiesPart of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Article
Income Inequality, Redistribution, and PovertyPart of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Article
Poverty, Vulnerability, and Reference-Dependent UtilityPart of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Article
Poverty and Welfare Measurement on the Basis of Prospect TheoryPart of Journal Special Issue Poverty, Development, and Behavioral Economics
Journal Special Issue
Poverty, Development, and Behavioral EconomicsThis Special Issue brings together papers from UNU-WIDER Conference on Poverty and Behavioural Economics that were accepted after the peer review process of the journal. The eight papers in this Special Issue all share the objective of exploring the...
Working Paper
Poverty, Vulnerability, and Reference Dependent UtilityIn this paper we argue that the recent evidence on individuals’ decision making is of high relevance for the measurement of poverty when switching from a static and certain to a dynamic and uncertain framework. The numerous proposed measures of multi...
Working Paper
Intra-Household EfficiencyAn experimental design using treatments of a voluntary contribution mechanism is used to test household efficiency. Efficiency is decisively rejected in all treatments contrary to the assumption of most household models. Information on initial...
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Main subject
Theme: Past, 2010-11