2016 CEAR-CSAE | Eliciting Subjective Beliefs and Risk and Time Preferences in Developing Countries

Posted On June 30, 2015

October 10, 2016 – October 12, 2016

Robinson College of Business


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General Information

This workshop examines how risk preferences, time preferences and subjective beliefs can be elicited in the field, with special attention to applications in developing countries. Student participants will be provided with teaching videos, papers, and other study material before the workshop and are expected to arrive fully prepared so discussions can focus on the actual challenges that come up in their field research. On the Monday morning participants will have an opportunity to discuss these challenges with the organizers, other faculty with expertise in the field, and other participants. On Monday afternoon and Tuesday morning there will be paper presentations of completed research. Tuesday afternoon allows for additional personal study, preparing for the final Wednesday morning session where participants and organizers will have detailed discussions on the challenges with elicitation and analyses of risk and time preferences and subjective beliefs in the participants’ own projects.

Even when preferences and beliefs are not the primary focus of a field experiment, they are invaluable to help explain observed behavior of individuals, households and firms in developing countries. Researchers are increasingly seeking to augment their field experiment or survey research with incentivized experiments designed to elicit risk preferences, time preferences and/or subjective beliefs.

The training workshop introduces elicitation methods used in the field, as well as statistical methods for analyzing the data collected and estimating risk attitudes, discounting functions and beliefs. The training workshop reviews the strengths and weaknesses of different elicitation methods and estimates, especially focusing on the specific field context encountered when working with low-income households in developing countries.

The research workshop presents applied work from projects undertaken in the field. All presentations will be plenary, to allow for conversation and evaluation of findings.


Session Timing
Session 10-Oct 11-Oct 12-Oct
morning Lecture and Group Discussion Plenary Presentations Lecture and Panel Discussion
afternoon Plenary Presentations Off Adjourn


The workshops will be held in the CEAR Seminar Room, in the Robinson College of Business at Georgia State University in downtown Atlanta.


Glenn Harrison (C.V. Starr Chair of Risk Management & Insurance, GSU, and Director of CEAR) and Karlijn Morsink (British Academy Postdoctoral Fellow in Economies at CSAE, University of Oxford) are the organizers of the workshop. Funding is being provided by the Center for the Economic Analysis of Risk (CEAR) at Georgia State University and the Centre for the Study of African Economies (CSAE) at University of Oxford. See cear.gsu.edu for more information on CEAR and csae.ox.ac.uk for more information on CSAE.

Should you have questions, please contact Glenn Harrison at gharrison@gsu.edu, Mark Schneider at cear@gsu.edu or Karlijn Morsink at karlijn.morsink@economics.ox.ac.uk with questions about participation and logistics.

Submissions and Applications

August 1, 2016 is the deadline for both the Call For Applicants to attend the training workshop and the Call For Papers for the plenary workshop. Please submit your interest at the corresponding link below. Delegates that wish to both attend the training and present in the plenary workshop will need to do so at both links below.

*CEAR and CSAE will be able to provide accommodation and meals for accepted presentations and student attendees. CEAR and CSAE have a limited fund to support travel costs of presenters and student attendees, and will consider applications for travel funds on a case-by-case basis as received. We would also encourage delegates to seek funding for travel from their own institution.

Call For Applicants

Applications are no longer being accepted.
  • Training workshop for students and researchers
  • Introduction to elicitation methods used in the field
  • Statistical methods for analyzing data
  • Estimating risk attitudes, discounting functions and beliefs

Call for Papers

Submissions are no longer being accepted.
  • Plenary presentation of applied work from projects undertaken in the field