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Dr David Chivers' Outputs (2)

Success, Survive or Escape? Aspirations and Poverty Traps (2017)
Journal Article
Chivers, D. (2017). Success, Survive or Escape? Aspirations and Poverty Traps. Journal of Economic Behavior and Organization, 143, 116-132. https://doi.org/10.1016/j.jebo.2017.09.018

I present a model of occupational choice where an agent decides whether to invest in a project that yields risky returns or a project that yields safe returns. An agent's utility is affected by the presence of an aspiration level which will only be s... Read More about Success, Survive or Escape? Aspirations and Poverty Traps.