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information may be important. We conducted a lottery experiment introducing three types of probability information: pure risk …, weak ambiguity and strong ambiguity. Our main result is that gender differences may arise in ambiguity frames: women are …
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This paper reports the results of an experiment that brings together psychological measures of competence and … ambiguous lotteries in a financial decision context. The experiment can be viewed in two parts. The first part replicates an … used to explain elicited certainty equivalents in the second part of the experiment. Certainty equivalents were elicited …
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understanding. Thoroughly surveying the experimental literature we first find that gender differences are less ubiquitous than … power of the test and show that the magnitude of gender differences, although significant, is economically unimportant. We … conclude that gender differences systematically correlate with the features of the elicitation method used and in particular …
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