Gender, Risk and Stereotypes

Dinky Daruvala ()
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Dinky Daruvala: Karlstad University, Postal: SE-651 88 Karlstad,

No 211, Working Papers in Economics from University of Gothenburg, Department of Economics

Abstract: This paper reports results from an economic experiment where respondents are asked to make choices between risky outcomes for themselves and others. In addition, we elicit information about the respondents’ perception of others risk preferences. We investigate whether subjects’ own risk preferences and gender stereotypes are reflected in the prediction they make for the risk preferences of others and the way this occurs. We find no significant difference in risk preferences between men and women in the experiment. However, both men and women perceive women to be more risk averse than men. When predicting other people’s risk preferences, the respondents tend to use a combination of their own risk preferences and stereotypes. Moreover, when making risky choices for others, the respondents generally use a combination of their own risk preferences and their average predicted risk preference of the targeted group.

Keywords: gender; risk aversion; risk predictions (search for similar items in EconPapers)
JEL-codes: A12 C91 D81 J16 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2006-08-14
New Economics Papers: this item is included in nep-exp
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