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Gender differences in the endowment effect: Women pay less,but won’t accept less
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نویسنده
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wieland a. ,sundali j. ,kemmelmeier m. ,sarin r.
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منبع
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judgment and decision making - 2014 - دوره : 9 - شماره : 6 - صفحه:558 -571
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چکیده
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We explore different contexts and mechanisms that might promote or alleviate the gender effect in risk aversion. our main result is that we do not find gender differences in risk aversion when the choice is framed as a willingness-to-accept (wta) task. when the choice is framed as a willingness-to-pay (wtp) task,men are willing to pay more and thus exhibit lower risk aversion. however,when the choice is framed as a willingness to accept task,women will not accept less than men. these findings imply gender differences in the endowment effect. we also find that the effect size of the gender difference in risk aversion is reduced or eliminated as the context changes from tasks framed as gambles to other domains; and that attitudes toward gambling mediate the gender effect in gambling framed tasks. © 2014.
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کلیدواژه
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Endowment effect; Gambling attitudes; Gender; Risk attitudes; Risk aversion; Sex differences
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آدرس
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college of business,university of nevada,reno,nv 89557-0206, United States, university of nevada,reno, United States, university of nevada,reno, United States, university of california,los angeles, United States
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Authors
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