Discussion Papers, Center for European Governance and Economic Development Research 264
In a within-subjects experiment we test the relation of risk preferences and charitable giving. Women not only give substantially more than men, but also show an economically significant positive correlation between risk tolerance and donation levels. We find no such correlation for men. Men and relative risk-averse women do not differ in donations. Thus, common findings of gender differences in charitable giving may be explained by risk-tolerant women donating more.
dictator game experiment gender differences risk preferences