Arbeitspapier
Gender differentiation in risk-taking behavior: On the relative risk aversion of single men and single women
We relate an observed difference between single men (SM) and single women (SW) in attitudes towards risk to the higher value assigned to social status by SM than by SW. In the marriage market, low status carries a harsher penalty for SM than for SW because when selecting a partner, the social status of a man is more important to a woman than the social status of a woman is to a man. Correlating social status with relative wealth, we show how intensified distaste at experiencing low relative wealth reduces relative risk aversion.
- Sprache
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Englisch
- Erschienen in
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Series: ZEF Discussion Papers on Development Policy ; No. 206
- Klassifikation
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Portfolio Choice; Investment Decisions
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- Thema
-
risk-taking behavior
gender-based difference in risk aversion
relative wealth deprivation
social status
marriage market outcome
- Ereignis
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Geistige Schöpfung
- (wer)
-
Stark, Oded
Zawojska, Ewa
- Ereignis
-
Veröffentlichung
- (wer)
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University of Bonn, Center for Development Research (ZEF)
- (wo)
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Bonn
- (wann)
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2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Stark, Oded
- Zawojska, Ewa
- University of Bonn, Center for Development Research (ZEF)
Entstanden
- 2015