Episode 42: Andrea Velasquez on how crime affects risk aversion

Andrea Velásquez talks about how exposure to violent crime affects risk aversion.

"Impact of Violent Crime on Risk Aversion: Evidence from the Mexican Drug War" by Ryan Brown, Verónica Montalva, Duncan Thomas, and Andrea Velásquez.

OTHER RESEARCH WE DISCUSS IN THIS EPISODE:

• “Violence, Psychological Trauma, and Risk Attitudes: Evidence from Victims of Violence in Colombia” by Andrés Moya.

• “Violence and Risk Preference: Experimental Evidence from Afghanistan” by Michael Callen, Mohammad Isaqzadeh, James D. Long, and Charles Sprenger.

• “Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?” by Ulrike Malmendier and Stefan Nagel.

• “Beyond Valence: Toward a Model of Emotion-Specific Influences on Judgement and Choice” by Jennifer Lerner and Dacher Keltner.

• “The Economic Burden of Crime: Evidence from Mexico” by Andrea Velásquez.

• “Violent Conflict and Behavior: A Field Experiment in Burundi” by Maarten J. Voors, Eleonora E.M. Nillesen, Philip Verwimp, Erwin H. Bulte, Robert Lensink, and Daan P. Van Soest.

• “The Impact of Violence on Individual Risk Preferences: Evidence from a Natural Experiment” by Pamela Jakiela and Owen Ozier.

• “Security, Drugs, and Violence in Mexico: A Survey” by Eduardo Guerrero-Gutiérrez.

• “Drug Violence in Mexico: Data and Analysis through 2011” by Cory Molzahn, Viridiana Ríos, and David A. Shirk.

• “Trafficking Networks and the Mexican Drug War” by Melissa Dell.

• “Illegal Drug Markets and Violence in Mexico: The Causes beyond Calderón” by Juan Castillo, Daniel Mejía, and Pascual Restrepo.

• Votes, Drugs, and Violence: The Political Logic of Criminal Wars in Mexico. by Sandra Ley and Guillermo Trejo.

• "Knowing Where and How Criminal Organizations Operate Using Web Content" by Michele Coscia and Viridiana Ríos.

• “Risk Preferences in Households and Families” by Amar Hamoudi.

• "Conflict and Risky Health Behavior: Evidence from Mexico's Drug War" by Shanthi Manian.

• "Health Seeking amid Violence: Evidence from the Philippines" by Teresa Molina.