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norms, including the promotion of gender equality in place of the Confucian view of female 'inferiority'. Market … consequence social norms gradually changed again. In our experiment we investigate gender differences in competitive choices … regimes outlined above. In particular we investigate gender differences in competitive choices for different birth cohorts in …
Persistent link: https://www.econbiz.de/10012978949
We document that an internal locus of control can be hindering in financial market situations, where short-term outcomes are determined by chance. The reason is that internally controlled individuals may tend to (over-)react to random outcomes. Our evidence is based on an experiment in which...
Persistent link: https://www.econbiz.de/10011865329
This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...
Persistent link: https://www.econbiz.de/10010264614
This study investigates the role of gender in financial risk-taking. Specifically, I ask whether female investors tend … expected return and its standard deviation, whereas standard deviation serves as a measure of risk. Gender differences … of risk preferences across investors. Estimation results provide no evidence of gender differences in investors' risk …
Persistent link: https://www.econbiz.de/10010286304
whether the gender gap in risk attitudes is shaped by the social environment. We address this question by examining risk … more equal gender roles than West Germans. Thus, if the gender gap reflects socially constructed norms, it should be … prediction. Specifically with respect to career and financial matters, the gender gap in risk tolerance is smaller among East …
Persistent link: https://www.econbiz.de/10011974389
whether the gender gap in risk attitudes is shaped by the social environment. We address this question by examining risk … more equal gender roles than West Germans. Thus, if the gender gap reflects socially constructed norms, it should be … prediction. Specifically with respect to career and financial matters, the gender gap in risk tolerance is smaller among East …
Persistent link: https://www.econbiz.de/10012162041
whether the gender gap in risk attitudes is shaped by the social environment. We address this question by examining risk … more equal gender roles than West Germans. Thus, if the gender gap reflects socially constructed norms, it should be … prediction. Specifically with respect to career and financial matters, the gender gap in risk tolerance is smaller among East …
Persistent link: https://www.econbiz.de/10011960540
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks on an 11-point scale, we find...
Persistent link: https://www.econbiz.de/10010260868
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks on an 11-point scale, we find...
Persistent link: https://www.econbiz.de/10010267371
the level of occupation categories, region, gender and labor market experience. We also find that risk preferences are …
Persistent link: https://www.econbiz.de/10010267608