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Relationship of Gender Differences in Preferences to Economic Development and Gender Equality

Author

Listed:
  • Armin Falk

  • Johannes Hermle

Abstract

Preferences – concerning time, risk and social interactions – systematically shape human behavior, and contribute to differential economic and social outcomes between the genders. Here, we present a global investigation of gender differences in six fundamental preferences. Our data consist of 80,000 individuals in 76 representative country samples with measures on willingness to take risks, patience, altruism, positive and negative reciprocity as well as trust. Gender differences in preferences were positively related to economic development and gender equality. This suggests that greater availability of and equal access to material and social resources for both genders favor the manifestation of genderdifferentiated preferences across countries.

Suggested Citation

  • Armin Falk & Johannes Hermle, 2019. "Relationship of Gender Differences in Preferences to Economic Development and Gender Equality," CRC TR 224 Discussion Paper Series crctr224_2019_071, University of Bonn and University of Mannheim, Germany.
    • Handle: RePEc:bon:boncrc:crctr224_2019_071
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    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers

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