EconPapers    
Economics at your fingertips  
 

Behavioral Responses to Natural Disasters

Marco Castillo () and Michael Carter

No 1026, Working Papers from George Mason University, Interdisciplinary Center for Economic Science

Abstract: Catastrophic events can dramatically alter existing social and economic relationships. The consequences can be long-lasting and give rise to heterogeneity of behavior across populations. We investigate the impact of a large negative shock on altruism, trust and reciprocity in 30 small Honduran communities diversely affected by Hurricane Mitch in 1998. We conduct a survey of communities and behavioral experiments three and four years after the event. We find that the mean and variance of behavior are nonlinearly related to the severity of the weather shock affecting the community. Also, there is a substitution away from formal local organizations to informal arrangements.

Keywords: noncooperative games; experimental economics; norms (search for similar items in EconPapers)
JEL-codes: C72 C92 C93 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-exp, nep-gth, nep-hpe and nep-soc
Date: 2011-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Downloads: (external link)
http://www.gmu.edu/schools/chss/economics/icesworkingpapers.gmu.edu/pdf/1026.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gms:wpaper:1026

Access Statistics for this paper

More papers in Working Papers from George Mason University, Interdisciplinary Center for Economic Science Contact information at EDIRC.
Bibliographic data for series maintained by Shams Bahabib ().

 
Page updated 2019-05-03
Handle: RePEc:gms:wpaper:1026