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According to Crate, Her Research with the Sakha Clarified Her

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According to Crate, her research with the Sakha clarified her beliethaglobal climate change was affecting noonly the villagers' physical environment, bualso their adaptations to thaenvironment.


Definitions:

Holding-period Return

The total return received from holding an asset or portfolio of assets over a period of time, considering both income and capital gains.

Risk Aversion

The behavior exhibited by investors who prefer lower risk investments, often at the expense of sacrificing some potential returns.

Expected Return

The anticipated average return on an investment, factoring in the probabilities of each potential outcome.

Expected Rate of Return

The anticipated average rate of return on an investment over a specified period.

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