Options
Gender differences in risk aversion and ambiguity
Date Issued
2009-03-09
Date Available
2010-02-04T14:35:22Z
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.
Sponsorship
Meteor
Type of Material
Working Paper
Publisher
University College Dublin. Geary Institute
Series
UCD Geary Institute Discussion Paper Series
WP/3/2009
Subject – LCSH
Risk-taking (Psychology)--Sex differences
Ambiguity
Human behavior--Sex differences
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
File(s)
Owning collection
Views
1585
Acquisition Date
Apr 16, 2024
Apr 16, 2024
Downloads
678
Last Week
1
1
Last Month
7
7
Acquisition Date
Apr 16, 2024
Apr 16, 2024