Will Women Be Women? Analyzing the Gender Difference among Financial Experts

Daniela Beckmann and Lukas Menkhoff ()

Kyklos, 2008, vol. 61, issue 3, pages 364-384

Abstract: There are robust gender differences in the domains of risk taking, overconfidence and competition behavior. However, as expertise tends to level these differences, we ask whether financial experts still show gender dissimilarities in their domains of decision making? We analyze survey responses of 649 fund managers in the U.S., Germany, Italy and Thailand, and find that female fund managers tend to behave as expected from gender studies: they are more risk averse and shy away from competition in the tournament scenario. The expected lower degree of overconfidence by women is yet so small that it becomes insignificant in fund management. Copyright 2008 The Authors. Journal compilation 2008 Blackwell Publishing Ltd.

Date: 2008
View citations in EconPapers

Downloads: (external link)
http://www.blackwell-synergy.com/links/doi/10.1111/j.1467-6435.2008.00406.x link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Will Women Be Women? Analyzing the Gender Difference among Financial Experts (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:bla:kyklos:v:61:y:2008:i:3:p:364-384

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0023-5962

Access Statistics for this article

Kyklos is edited by Rene L. Frey

More articles in Kyklos from Blackwell Publishing
Series data maintained by Christopher F. Baum ().