Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/103773 
Year of Publication: 
2014
Series/Report no.: 
Kiel Working Paper No. 1957
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
We use a controlled experiment to analyze gender differences in risk preferences and stereotypes about risk preferences of men and women across two distinct island societies in the Pacific: the patrilineal Palawan in the Philippines and the matrilineal Teop in Papua New Guinea. We find no gender differences in actual risk preferences, but evidence for culture-specific stereotypes. Like men in Western societies, Palawan men overestimate women's actual risk aversion. By contrast, Teop men underestimate women's actual risk aversion. We argue that observed differences in stereotypes between the two societies are determined by the different social status of women.
Subjects: 
gender roles
culture
stereotype
experiment
risk aversion
JEL: 
C93
D81
J15
J16
Document Type: 
Working Paper

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