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The Gender Difference in the Value of Winning

Author

Listed:
  • Zhuoqiong Chen

    (London School of Economics, Department of Management)

  • David Ong

    (Peking University, HSBC Business School, Shenzhen)

  • Roman Sheremeta

    (Case Western Reserve University, Weatherhead School of Management and Economic Science Institute, Chapman University)

Abstract

We design an all-pay auction experiment in which we reveal the gender of the opponent. Using this design, we find that women bid higher than men, but only when bidding against other women. These findings, interpreted through a theoretical model incorporating differences in risk attitude and the value of winning, suggest that women have a higher value of winning than men.

Suggested Citation

  • Zhuoqiong Chen & David Ong & Roman Sheremeta, 2015. "The Gender Difference in the Value of Winning," Working Papers 15-18, Chapman University, Economic Science Institute.
  • Handle: RePEc:chu:wpaper:15-18
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    experiments; all-pay auction; competitiveness; gender differences;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J7 - Labor and Demographic Economics - - Labor Discrimination

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