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Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
Working Paper No. 1607
Verlag: 
Johannes Kepler University of Linz, Department of Economics, Linz
Zusammenfassung: 
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 risktaking 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.
Schlagwörter: 
Risk-taking
gender differences
tournament incentives
JEL: 
D81
J16
L83
Dokumentart: 
Working Paper

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