This paper investigates the role of intrinsic and extrinsic motivation in choosing a teaching career using data from the Household Income and Labour Dynamics in Australia. We find that the opportunity costs of becoming a teacher vary by gender: women enjoy a small wage premium, whilst males...

Being the leader in a group often involves making risky decisions that affect the payoffs of all members, and the decision to take this responsibility in a group is endogenous in many contexts. In this paper, we experimentally study: (1) the willingness of men and women to make risky decisions...

Using an experiment with incentivized decisions of groups in the economics laboratory, I investigate the effect of group diversity on group risk taking. I measure econometrically the effects of various aspects of subjects' diversity: nationality, language, university degree and gender. I find...