Arbeitspapier

Raising the bar: Causal evidence on gender differences in risk-taking from a natural experiment

We analyze data from top-tier professional athletes and find that female and male athletes differ in the timing and in the extent of their reactions to a change of the rules which increased the risk of failure. Male athletes increased risk-taking in the more risky environment immediately after the changes. Female athletes, however, increased risk-taking two years after the rule change. Over time, female athletes reverted to pre-reform risk-taking levels and male athletes' continued to make more risky decisions in the new environment. We attribute our findings to gender differences in competitiveness and risk preferences.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2001

Classification
Wirtschaft
Economics of Gender; Non-labor Discrimination
Professional Labor Markets; Occupational Licensing
Subject
Competitiveness
risk-taking
gender differences

Event
Geistige Schöpfung
(who)
Böheim, René
Lackner, Mario
Wagner, Wilhelm
Event
Veröffentlichung
(who)
Johannes Kepler University of Linz, Department of Economics
(where)
Linz
(when)
2020

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Böheim, René
  • Lackner, Mario
  • Wagner, Wilhelm
  • Johannes Kepler University of Linz, Department of Economics

Time of origin

  • 2020

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