Experiencing Natural Disasters: How This Influences Risk Aversion and Trust

  • Oliver Fiala
Part of the Contributions to Economics book series (CE)


This chapter investigates the effect of natural disasters on individual behaviour, with a particular focus on individuals’ risk-taking behaviour and levels of trust. A theoretical analysis and empirical results from the literature are followed by an introduction to the conducted field experiment. Thereafter, empirical evidence from rural Cambodia will be presented in order to investigate the impact of natural disaster exposure and other socio-economic factors on individuals’ risk-taking propensity and levels of trust and trustworthiness.


Risk Behaviour Risk Aversion Natural Disaster Discrete Choice Experiment Trust Game 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  • Oliver Fiala
    • 1
  1. 1.Faculty of Business and EconomicsTU DresdenDresdenGermany

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