Livestock as insurance and social status. Evidence from reindeer herding in Norway
The theory of livestock as a buffer stock predicts that agropastoralists facing substantial risks typically will use liquid assets, such as livestock, for self-insurance to smooth consumption. This paper examines this hypothesis for reindeer herders in Norway where the herders, in contrast to pastor...
Main Authors: | , |
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Format: | Report |
Language: | unknown |
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Online Access: | http://www.svt.ntnu.no/iso/WP/2009/8_ManuscriptI.pdf |