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Gender and risk taking: evidence from jumping competitions

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  • René Böheim
  • Mario Lackner

Abstract

type="main" xml:id="rssa12093-abs-0001"> We analyse whether female athletes differ from male athletes in their risk-taking behaviour in a competitive setting. Data from high jump and pole vault competitions allow us to identify risky strategies. We estimate whether female athletes use risky strategies as often as male athletes and whether or not their returns to risky strategies differ. Returns to risky strategies are identified via an instrumental variable approach where we use competitive pressure to instrument individual risk taking. Female athletes take fewer risky decisions than men and could improve their outcomes by incurring more risk. We show that competitive pressure results in more risky decisions by both men and women; however, men react stronger to competitive pressure.

Suggested Citation

  • René Böheim & Mario Lackner, 2015. "Gender and risk taking: evidence from jumping competitions," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 178(4), pages 883-902, October.
    • Handle: RePEc:bla:jorssa:v:178:y:2015:i:4:p:883-902
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    File URL: http://hdl.handle.net/10.1111/rssa.2015.178.issue-4
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    Cited by:

    1. Chadi, Cornelia & Jirjahn, Uwe, 2019. "Does Society Influence the Gender Gap in Risk Attitudes? Evidence from East and West Germany," IZA Discussion Papers 12100, Institute of Labor Economics (IZA).
    2. Mario Lackner, 2021. "Gender differences in competitiveness," IZA World of Labor, Institute of Labor Economics (IZA), pages 236-236, November.
    3. Gürtler, Oliver & Struth, Lennart & Thon, Max, 2023. "Competition and risk-taking," European Economic Review, Elsevier, vol. 160(C).
    4. Sonnabend, Hendrik & Lackner, Mario, 2020. "Gender differences in overconfidence and decision making in high-stakes competitions: evidence from freediving contests," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224595, Verein für Socialpolitik / German Economic Association.
    5. repec:ces:ifodic:v:15:y:2017:i:2:p:19337553 is not listed on IDEAS
    6. René Böheim & Mario Lackner & Wilhelm Wagner, 2022. "Raising the Bar: Causal Evidence on Gender Differences in Risk-Taking From a Natural Experiment," Journal of Sports Economics, , vol. 23(4), pages 460-478, May.
    7. repec:ces:ifodic:v:15:y:2017:i:2:p:13-17 is not listed on IDEAS

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