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A reconsideration of gender differences in risk attitudes

Antonio Filippin () and Paolo Crosetto ()

Working Papers from Grenoble Applied Economics Laboratory (GAEL)

Abstract: This paper reconsiders the wide agreement that females are more risk averse than males providing a leap forward in its understanding. Thoroughly surveying the literature we first find that gender differences are less ubiquitous than usually depicted. Gathering the microdata of an even larger sample of Holt and Laury replications we boost the statistical power of the test and we 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 the availability of a safe option and fixed probabilities.

Keywords: GENDER; RISK; SURVEY (search for similar items in EconPapers)
JEL-codes: C81 C91 D81 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ent, nep-exp and nep-upt
Date: 2014
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http://www.grenoble.inra.fr/Docs/pub/A2014/gael2014-01.pdf (application/pdf)

Related works:
Working Paper: A Reconsideration of Gender Differences in Risk Attitudes (2014) Downloads
Working Paper: A Reconsideration of Gender Differences in Risk Attitudes (2014) Downloads
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Persistent link: http://EconPapers.repec.org/RePEc:gbl:wpaper:2014-01

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