Arbeitspapier

Salience, risky choices and gender

Risk theories typically assume individuals make risky choices using probability weights that differ from objective probabilities. Recent theories suggest that probability weights vary depending on which portion of a risky environment is made salient. Using experimental data we show that salience affects young men and women differently, even after controlling for cognitive and non-cognitive skills. Men are significantly more likely than women to switch from a certain to a risky choice once the upside of winning is made salient, even though the expected value of the choice remains the same.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 6400

Klassifikation
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Economics of Gender; Non-labor Discrimination
Thema
gender
salience
risk-aversion
probability weights
cognitive ability
Risikopräferenz
Kognition
Geschlecht
Test

Ereignis
Geistige Schöpfung
(wer)
Booth, Alison L.
Nolen, Patrick J.
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2012

Handle
URN
urn:nbn:de:101:1-201206146846
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Booth, Alison L.
  • Nolen, Patrick J.
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2012

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