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Gender differences in risk attitudes: Field experiments on the matrilineal Mosuo and the patriarchal Yi

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  • Gong, Binglin
  • Yang, Chun-Lei
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    Abstract

    We conduct experiments on two different risk tasks with subjects from two neighboring ethnic groups, the matrilineal Mosuo and the patriarchal Yi in China. Women are more risk averse than men at both tasks within both ethnic groups. However, the gender gap is smaller in the Mosuo. Regressions show that socio-economic factors such as family size, family head, education, age, and income also have significant effects on subject's risk choices.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

    Volume (Year): 83 (2012)
    Issue (Month): 1 ()
    Pages: 59-65

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    Handle: RePEc:eee:jeborg:v:83:y:2012:i:1:p:59-65

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    Web page: http://www.elsevier.com/locate/jebo

    Related research

    Keywords: Risk attitude; Gender difference; Matrilineal society; Patriarchal society; Field experiment;

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    References

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    1. Uri Gneezy & Kenneth L. Leonard & John A. List, 2008. "Gender Differences in Competition: Evidence from a Matrilineal and a Patriarchal Society," NBER Working Papers 13727, National Bureau of Economic Research, Inc.
    2. Gneezy, U. & Potters, J.J.M., 1996. "An experiment on risk taking and evaluation periods," Discussion Paper 1996-61, Tilburg University, Center for Economic Research.
    3. Catherine C. Eckel & Philip J. Grossman, 2008. "Sex and Risk: Experimental Evidence," Development Research Unit Working Paper Series archive-09, Monash University, Department of Economics.
    4. Cárdenas, Juan-Camilo & Dreber, Anna & von Essen, Emma & Ranehill, Eva, 2010. "Gender Differences in Competitiveness and Risk Taking: Comparing Children in Colombia and Sweden," Research Papers in Economics 2010:18, Stockholm University, Department of Economics.
    5. Joseph Henrich & Richard McElreath, 2002. "Are peasants risk-averse decision makers?," Artefactual Field Experiments 00066, The Field Experiments Website.
    6. Charles A. Holt & Susan K. Laury, 2002. "Risk Aversion and Incentive Effects," American Economic Review, American Economic Association, vol. 92(5), pages 1644-1655, December.
    7. Muriel Niederle & Lise Vesterlund, 2005. "Do Women Shy Away From Competition? Do Men Compete Too Much?," NBER Working Papers 11474, National Bureau of Economic Research, Inc.
    8. Renate Schubert, 1999. "Financial Decision-Making: Are Women Really More Risk-Averse?," American Economic Review, American Economic Association, vol. 89(2), pages 381-385, May.
    9. Rachel Croson & Uri Gneezy, 2009. "Gender Differences in Preferences," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 448-74, June.
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    Cited by:
    1. Dreber, Anna & von Essen, Emma & Ranehill, Eva, 2011. "Gender and Competition in Adolescence: Task Matter," Research Papers in Economics 2011:14, Stockholm University, Department of Economics, revised 08 Mar 2013.
    2. Zhang, Y. Jane, 2013. "Culture and the Gender Gap in Competitive Inclination: Evidence from the Communist Experiment in China," MPRA Paper 47356, University Library of Munich, Germany.
    3. Sundar, B. & Virmani, Vineet, . "Attitudes towards Risk of Forest Dependent Communities - Evidence from Andhra Pradesh," IIMA Working Papers WP2013-12-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    4. Säve Söderberg, Jenny & Sjögren Lindquist, Gabriella, 2014. "Children do not behave like adults: Gender gaps in performance and risk taking," Working Paper Series 7/2013, Swedish Institute for Social Research.
    5. Filippin, A. & Crosetto, P., 2014. "A reconsideration of gender differences in risk attitudes," Working Papers 2014-01, Grenoble Applied Economics Laboratory (GAEL).
    6. Charness, Gary & Viceisza, Angelino, 2012. "Comprehension and Risk Elicitation in the Field: Evidence from Rural Senegal," University of California at Santa Barbara, Economics Working Paper Series qt5512d150, Department of Economics, UC Santa Barbara.
    7. Jenny Säve-Söderbergh & Gabriella Sjögren Lindquist, 2014. "Children Do Not Behave Like Adults: Gender Gaps in Performance and Risk Taking within a Random Social Context in the High-StakesGame Shows Jeopardy and Junior Jeopardy," CESifo Working Paper Series 4595, CESifo Group Munich.

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