Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/35784
Authors: 
Booth, Alison L.
Nolen, Patrick J.
Year of Publication: 
2009
Series/Report no.: 
IZA discussion papers 4026
Abstract: 
Women and men may differ in their propensity to choose a risky outcome because of innate preferences or because their innate preferences are modified by pressure to conform to gender-stereotypes. Single-sex environments are likely to modify students' risk-taking preferences in economically important ways. To test this, our controlled experiment gave subjects an opportunity to choose a risky outcome - a real-stakes gamble with a higher expected monetary value than the alternative outcome with a certain payoff - and in which the sensitivity of observed risk choices to environmental factors could be explored. The results show that girls from single-sex schools are as likely to choose the real-stakes gamble as much as boys from either coed or single sex schools, and more likely than coed girls. Moreover, gender differences in preferences for risk-taking are sensitive to the gender mix of the experimental group, with girls being more likely to choose risky outcomes when assigned to all-girl groups. This suggests that observed gender differences in behaviour under uncertainty found in previous studies might reflect social learning rather than inherent gender traits.
Subjects: 
Gender identity
controlled experiment
risk aversion
risk attitudes
single-sex schooling
coeducation
JEL: 
C9
C91
C92
J16
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
363.57 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.