Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/222048
Authors: 
Horn, Dániel
Kiss, Hubert János
Year of Publication: 
2019
Series/Report no.: 
IEHAS Discussion Papers No. MT-DP - 2019/1
Abstract: 
We measure risk aversion and patience in a non-incentivized way using a representative sample of the Hungarian adult population. We elicit risk aversion with a task similar to Gneezy and Potters (1997)'s investment game and find that females risk about 8.5 % less than males when we do not consider any additional controls. However, even when we add extensive controls (related to demography, region, family, education, employment, income and wealth) the difference decreases only slightly and remains significant at conventional levels. We carry out the same exercise for patience and document no significant gender differences in any specification.
Subjects: 
gender differences
patience
representative survey
risk attitude
JEL: 
D8
J16
Document Type: 
Working Paper

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