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choices being observed, compared to anonymity of choices, on risk taking in a laboratory experiment. I relate participants … strong evidence for gender-specific norms in risk taking. While these explain part of the existing gender gap in risk taking …
Persistent link: https://www.econbiz.de/10011930435
This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which already starts as early as two years before...
Persistent link: https://www.econbiz.de/10010498567
This paper explores inequalities in IQ and economic preferences between children from high and low socio-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well as less risk-seeking. To understand the underlying...
Persistent link: https://www.econbiz.de/10012034138
experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …
Persistent link: https://www.econbiz.de/10012118611
Do women invest differently than men? We contribute to the answer of this question by analysing the Panel on Household Finances (PHF) of the German Bundesbank. This representative panel collects a wide variety of behavioural and financial variables in the area of household finance. We find that...
Persistent link: https://www.econbiz.de/10012387111
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011405097
. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of … financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance … ; executives ; risk taking ; age ; gender ; education …
Persistent link: https://www.econbiz.de/10009509092
. While part of this effect may be explained by gender differences in risk attitudes and overconfidence, previous studies have … attributed the majority of the gender gap to gender differences in a separate 'competitiveness' trait. We re-examine this result … experimental design. In contrast to the literature, our results imply that the whole gender gap is driven by risk attitudes and …
Persistent link: https://www.econbiz.de/10011597970
In many economic contexts, an elusive variable of interest is the agent's belief about relevant events, e.g. about other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little is known about the causal relation between beliefs and...
Persistent link: https://www.econbiz.de/10009583740
experiment, we disentangle the roles of gender, field of study, and task difficulty in promotion application decisions. Our study …The gender wage gap is to a significant extent driven by gender-based job segregation. One of the potential culprits … pro- vides three crucial findings. First, gender differences in self-limiting promotion application behavior are only …
Persistent link: https://www.econbiz.de/10014476802