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

  • Gong, Binglin
  • Yang, Chun-Lei
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    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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    File URL: http://www.sciencedirect.com/science/article/pii/S0167268111001557
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    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
    Contact details of provider: Web page: http://www.elsevier.com/locate/jebo

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    1. Eckel, Catherine C. & Grossman, Philip J., 2008. "Men, Women and Risk Aversion: Experimental Evidence," Handbook of Experimental Economics Results, Elsevier.
    2. 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.
    3. Uri Gneezy & Kenneth L. Leonard & John A. List, 2009. "Gender Differences in Competition: Evidence From a Matrilineal and a Patriarchal Society," Econometrica, Econometric Society, vol. 77(5), pages 1637-1664, 09.
    4. 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.
    5. 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.
    6. 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.
    7. Gneezy, U. & Potters, J.J.M., 1997. "An experiment on risk taking and evaluation periods," Other publications TiSEM da6ba1bf-e15c-41b2-ae95-c, Tilburg University, School of Economics and Management.
    8. Rachel Croson & Uri Gneezy, 2009. "Gender Differences in Preferences," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 448-74, June.
    9. Joseph Henrich & Richard McElreath, 2002. "Are peasants risk-averse decision makers?," Artefactual Field Experiments 00066, The Field Experiments Website.
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