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Are men more willing to take financial risks than women? The answer to this question has immediate relevance for many economic issues. We assemble the data from 15 sets of experiments with one simple underlying investment game. Most of these experiments were not designed to investigate gender...
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Are men more willing to take financial risks than women? The answer to this important question is not clear from the existing literature. We propose a novel approach to this issue, in which we both assemble the data from many experiments with thousands of participants in a simple investment...
Persistent link: https://www.econbiz.de/10012717770
We study the following basic intuition: when faced with a decision how to split their investment between a risky …, and then test whether participants are willing to explicitly pay a small sum of money in line with the bias (pay for less … to gain more control, and the bias did not affect investment behavior (i.e., participants invested in a risky option the …
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