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Gender differences in overconfidence and risk taking: Do self-selection and socialization matter?

  • Hardies, Kris
  • Breesch, Diane
  • Branson, Joël

In a large-scale laboratory experiment, we investigate gender differences in overconfidence and risk taking. Our results show that (self-)selection and socialization can eliminate the gender difference in overconfidence, but they appear insufficient to create environments in which women are as risk loving as men.

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File URL: http://www.sciencedirect.com/science/article/pii/S0165176512006404
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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 118 (2013)
Issue (Month): 3 ()
Pages: 442-444

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Handle: RePEc:eee:ecolet:v:118:y:2013:i:3:p:442-444
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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  1. Joseph Henrich & Steve J. Heine & Ara Norenzayan, 2010. "The Weirdest People in the World?," Working Paper Series of the German Council for Social and Economic Data 139, German Council for Social and Economic Data (RatSWD).
  2. Nekby, Lena & Thoursie, Peter Skogman & Vahtrik, Lars, 2007. "Gender and Self-Selection Into a Competitive Environment: Are Women More Overconfident Than Men?," IZA Discussion Papers 2794, Institute for the Study of Labor (IZA).
  3. Daniel J. Benjamin & James J. Choi & A. Joshua Strickland, 2010. "Social Identity and Preferences," American Economic Review, American Economic Association, vol. 100(4), pages 1913-28, September.
  4. Cipriani, Giam Pietro & Lubian, Diego & Zago, Angelo, 2009. "Natural born economists?," Journal of Economic Psychology, Elsevier, vol. 30(3), pages 455-468, June.
  5. Rachel Croson & Uri Gneezy, 2009. "Gender Differences in Preferences," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 448-74, June.
  6. Bertrand, Marianne, 2011. "New Perspectives on Gender," Handbook of Labor Economics, Elsevier.
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