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.