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In addition to discrimination, market power, and human capital, gender differences in risk preferences might also … contribute to observed gender wage gaps. We conduct laboratory experiments in which subjects choose between a risky (in terms of … more likely than men to select the secure job, and these job choices accounted for between 40% and 77% of the gender wage …
Persistent link: https://www.econbiz.de/10011521155
that management should make tournament conditions transparent and information available in order to prevent gender …
Persistent link: https://www.econbiz.de/10012015779
Measuring risk aversion is sensitive to assumptions about the wealth in subjects' utility functions. Data from the same subjects in low- and high-stake lottery decisions allow estimating the wealth in a pre-specified one-parameter utility function simultaneously with risk aversion. This paper...
Persistent link: https://www.econbiz.de/10010374868
experiments on gender differences in competition may have measured a lower bound of differences between men and women. …
Persistent link: https://www.econbiz.de/10011719839
experiments on gender differences in competition may have measured a lower bound of differences between men and women. …
Persistent link: https://www.econbiz.de/10011722124
that management should make tournament conditions transparent and information available in order to prevent gender …
Persistent link: https://www.econbiz.de/10012007413
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 article presents the results of an experiment designed to test theoretical predictions about the impact of public compensation schemes and ambiguity on insurance and self-insurance decisions. Consistent with theory, we find that government assistance significantly reduces willingness to pay...
Persistent link: https://www.econbiz.de/10013127788
standard deviation formula. These results are consistent for sub-groups of individuals, by gender, age, education and …
Persistent link: https://www.econbiz.de/10013000124
Prospect Theory (PT) and Constant Relative Risk Aversion (CRRA) have clear-cut implications for the optimal asset allocation between stocks and the risk-free asset as a function of the investment horizon. While CRRA preferences imply that the allocation should be independent of the horizon, we...
Persistent link: https://www.econbiz.de/10012900800