The paper examines the impact of exposure to violent conflict on social, risk, and time preferences through a series of field experiments in rural Burundi. The authors find that individuals exposed to violence display more altruistic behavior, are more risk-seeking, and have higher discount rates. These findings suggest that large adverse shocks can alter savings and investment decisions, potentially leading to long-term consequences even if the shocks are temporary. The study uses experimental data and observational data from surveys to robustly support these conclusions. The results have implications for understanding postwar recovery processes and the long-term effects of civil war on societal behavior and preferences.The paper examines the impact of exposure to violent conflict on social, risk, and time preferences through a series of field experiments in rural Burundi. The authors find that individuals exposed to violence display more altruistic behavior, are more risk-seeking, and have higher discount rates. These findings suggest that large adverse shocks can alter savings and investment decisions, potentially leading to long-term consequences even if the shocks are temporary. The study uses experimental data and observational data from surveys to robustly support these conclusions. The results have implications for understanding postwar recovery processes and the long-term effects of civil war on societal behavior and preferences.