Since households face uncertainty about being a kidnap victim we take an expected indirect utility approach similar to Day (1992).Household i will prefer allocation to allocation 1 if and only if yields a higher expected utility E(ui,o)where
Since households face uncertainty about being a kidnap victim we take an expected indirect utility approach similar to Day (1992).Household i will prefer allocation to allocation 1 if and only if yields a higher expected utility E(ui,o)where