Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/145145
Authors: 
Böheim, René
Freudenthaler, Christoph
Lackner, Mario
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers 10011
Abstract: 
We analyze gender differences in risk-taking in high-pressure situations. Using novel data from professional athletes (NBA and WNBA), we find that male teams increase their risk-taking towards the end of matches when a successful risky strategy could secure winning the match. Female teams, in contrast, reduce their risk-taking in these situations. The less time left in a match, the larger is the gap. When the costs of an unsuccessful risky strategy are very large (losing the tournament), we find no increase in risk-taking for male teams.
Subjects: 
risk-taking
gender differences
tournament incentives
JEL: 
D81
J16
L83
Document Type: 
Working Paper

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