Gender differences in risk aversion and ambiguity

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dc.contributor.author Borghans, L.
dc.contributor.author Golsteyn, Bart
dc.contributor.author Heckman, James J.
dc.contributor.author Meijers, Huub
dc.date.accessioned 2010-02-04T14:35:22Z
dc.date.available 2010-02-04T14:35:22Z
dc.date.issued 2009-03-09
dc.identifier.uri http://hdl.handle.net/10197/1815
dc.description.abstract This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders, can be accounted for by differences in personality traits and traits of cognition. Women are more risk averse than men. Over an initial range, women require no further compensation for the introduction of ambiguity but men do. At greater levels of ambiguity, women have the same marginal distaste for increased ambiguity as men. Psychological variables account for some of the interpersonal variation in risk aversion. They explain none of the differences in ambiguity. en
dc.description.sponsorship Meteor en
dc.format.extent 92605 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher University College Dublin. Geary Institute en
dc.relation.ispartofseries UCD Geary Institute Discussion Paper Series en
dc.relation.ispartofseries WP/3/2009 en
dc.subject.lcsh Risk-taking (Psychology)--Sex differences en
dc.subject.lcsh Ambiguity en
dc.subject.lcsh Human behavior--Sex differences en
dc.title Gender differences in risk aversion and ambiguity en
dc.type Working Paper en
dc.internal.availability Full text available en
dc.internal.webversions Publisher's version en
dc.internal.webversions http://geary.ucd.ie/images/Publications/WorkingPapers/gearywp200903.pdf en
dc.status Not peer reviewed en
dc.neeo.contributor Borghans|L.|aut| en
dc.neeo.contributor Golsteyn|Bart|aut| en
dc.neeo.contributor Heckman|James J.|aut| en
dc.neeo.contributor Meijers|Huub|aut| en


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