Showing 1 - 10 of 45,392
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 … in any given period. Subjects were informed of the exogenous risk premium being offered for the risky job. Women were …
Persistent link: https://www.econbiz.de/10011521155
Persistent link: https://www.econbiz.de/10011382528
that management should make tournament conditions transparent and information available in order to prevent gender …
Persistent link: https://www.econbiz.de/10012015779
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
This paper develops a model of risky investment in education under disappointment aversion, modelled as loss aversion around one's endogenous expectation. The model shows that disappointment aversion reduces the optimal investment in education for lower ability people and increases it for higher...
Persistent link: https://www.econbiz.de/10011569052
We survey the literature on estimating risk preferences using field data. We concentrate our attention on studies in … which risk preferences are the focal object and estimating their structure is the core enterprise. We review a number of … models of risk preferences — including both expected utility (EU) theory and non-EU models — that have been estimated using …
Persistent link: https://www.econbiz.de/10012935670
sophisticated agent who is fully aware of such an inconsistency. Our characterization holds for general risk preferences. We apply … our results to several distinct classes of risk preference models. We show that although some specific models related to …
Persistent link: https://www.econbiz.de/10012854784
This paper examines the distributional impact of increases to out-of-work transfers, increases to work-contingent transfers, and increases in higher rates of income tax over the whole of life. We find that, in contrast to what is implied by standard snapshot analyses, increases to...
Persistent link: https://www.econbiz.de/10011718891