Playing it Safe: Men, Women, and Risk Aversion

Catherine Eckel, Philip Grossman, Nancy Lutz and V. Padmanbhan

Monash Economics Working Papers from Monash University, Department of Economics

Abstract: Using data on mens' and womens' decisions to purchase extended warranties for computers, the authors find that women are more risk averse than men-they are more likely to purchase warranties, all else constant (including their perceptions of risk).

Date: 1997
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