Social sex chat site in kenya

16-Apr-2017 21:26

Here are the results: First, the authors mention that the average women earns .86 per day through transactional sex, and has an average of 1.52 clients a day.Some simple math suggests the average cost of a sex transaction in Kenya is around .50 (9.86/1.52).Perhaps I sign up to do a show for a kid’s birthday after hours–who knows.Regardless, it is very unlikely that I will sign up to have a tiger eat me alive on stage: 1) my long-term productivity will be severely diminished, and 2) I’d be dead.These behavioral responses entail significant health risks for these women and their partners, and suggest that these women are unable to cope with risk through other consumption smoothing mechanisms.

If I wreck my car, I’ll probably increase my hours a bit to help compensate for the short-term shock.Probably not, because a prostitute with HIV loses almost all of her future revenue generating power.Nonetheless, the urge to “react” to short-term stress seems to be an innate action.Moreover, following a short-term income shock, a rational framework would suggest that the individual supplying labor would not engage in any risky transactions that would have potential long-term effects on their ability to supply labor in the future.In other words, the short-term benefits of a few extra bucks, will not be worth the fact the individual will earn a lot less in the future.

If I wreck my car, I’ll probably increase my hours a bit to help compensate for the short-term shock.

Probably not, because a prostitute with HIV loses almost all of her future revenue generating power.

Nonetheless, the urge to “react” to short-term stress seems to be an innate action.

Moreover, following a short-term income shock, a rational framework would suggest that the individual supplying labor would not engage in any risky transactions that would have potential long-term effects on their ability to supply labor in the future.

In other words, the short-term benefits of a few extra bucks, will not be worth the fact the individual will earn a lot less in the future.

So how does this behavioral bias relate to portfolio management?