Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 562446
Title Group versus individual risk choices in female workgroups in Ethiopia
Author(s) Bayissa, Fitsum W.; Smits, Jeroen; Ruben, Ruerd
Source Group Dynamics 21 (2017)3. - ISSN 1089-2699 - p. 148 - 158.
DOI https://doi.org/10.1037/gdn0000068
Department(s) Programmamanagement
Publication type Refereed Article in a scientific journal
Publication year 2017
Keyword(s) A lottery choice task - Ethiopia - Female workgroups - Group performance - Risk choices
Abstract

A lottery choice task was conducted to examine the risk attitudes of 352 Ethiopian women who were members of 72 female workgroups in the spices processing business in Addis Ababa. The women were asked to make risk choices on their own, and the same choices together with the other members of their workgroup, as a group decision. Our study is different from earlier research in the field in that it focuses on poor women operating a business in a low-income patriarchal society. The data show younger and more educated women to be more risk-taking in their individual choices than older and less educated women. The group choices were more cautious than the (means of) the individual choices of the members, hence providing evidence of a cautious shift. Groups that were more risk-taking had better business performance in terms of capital gains, hired workers and income earned by the women.

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