The gender of opponents: Explaining gender differences in performance and risk-taking?
Michael Jetter () and
Jay Walker ()
European Economic Review, 2018, vol. 109, issue C, 238-256
Analyzing 8169 contestants over 32 years of the US game show Jeopardy!, we find that women compete more aggressively, become (marginally) more competitive, and take on more risk when paired against men. Specifically, a woman is more likely to win a Jeopardy! episode and, within the show, to respond to a clue. Once responding, she is also marginally more likely to respond correctly. Potentially most surprising, even the sizeable gender gap in risk-taking (analyzing Daily Double wagering decisions) disappears once a woman competes in an otherwise all-male field of competitors. Men, on the other hand, wager significantly less when paired against women only, but the gender of opponents does not affect their competitive performance otherwise. Our rich sample allows us to control for a host of potentially confounding factors and player-fixed effects, thereby eliminating potential biases from unobservable individual characteristics. Our findings are consistent with an explanation that emphasizes an adaptation to “social norms” applied to gender.
Keywords: Competition; Financial decision-making; Gender differences; Performance under high pressure; Risk attitudes (search for similar items in EconPapers)
JEL-codes: D03 D81 G02 J10 J16 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:eecrev:v:109:y:2018:i:c:p:238-256
Access Statistics for this article
European Economic Review is currently edited by T.S. Eicher, A. Imrohoroglu, E. Leeper, J. Oechssler and M. Pesendorfer
More articles in European Economic Review from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().