Correct Belief, Wrong Action and a Puzzling Gender Difference
AbstractWe asked subjects to self-select into one of two constests, "coin" or "die." The winner in each of the contest is the person with most correct guesses of 20 coin flips or 20 rolls of a die, respectively. Most subjects reported that they belived that most people would go to the "coin" group. They were correct. Although the right action under this belief is to choose "die" most people chose to be with the majority. Both men and women tended to make this mistake, but women's propensity to err in this particular experiment was stonger. This is puzzling as our overall impression does not support the wxistence of gender differences in strategic situations.
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Bibliographic InfoPaper provided by Tel Aviv in its series Papers with number 00-17.
Length: 13 pages
Date of creation: 2000
Date of revision:
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Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.
Web page: http://econ.tau.ac.il/research/foerder.asp
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FINANCIAL MARKET ; TESTS ; GAMES ; MEN ; WOMEN;
Other versions of this item:
- Huberman, G. & Rubinstein, A., 2000. "Correct Belief, Wrong Action and a Puzzling Gender Difference," Papers 2000-17, Tel Aviv.
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