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

There are robust gender differences in the domains of risk taking, overconfidence and competitionbehavior. However, as expertise tends to level these differences, we ask whether financialexperts still show gender dissimilarities in their domains of decision making? We analyzesurvey responses of 649 fund managers in the U.S., Germany, Italy and Thailand, and findthat female fund managers tend to behave as expected from gender studies: they are more riskaverse and shy away from competition in the tournament scenario.[...]