Men, Women and Risk Aversion: Experimental Evidence

Eckel, Catherine C.; Grossman, Philip J.

Men, Women and Risk Aversion: Experimental Evidence

HANDBOOK OF EXPERIMENTAL ECONOMICS RESULTS, Vol. 1, Ch.113, pp. 1061-1073, C. Plott, V. Smith, eds., New York, Elsevier, 2008

16 Pages Posted: 12 Jul 2011

See all articles by Catherine C. Eckel

Philip J. Grossman

Monash University - Department of Economics

Date Written: 2008

Abstract

This paper reviews the results from experimental measures of risk aversion for evidence of systematic differences in the behavior of men and women. In most studies, women are found to be more averse to risk than men. Studies with contextual frames show less consistent results.

Keywords: Risk Aversion, Gender, Laboratory experiment

JEL Classification: C91, D81, J16

Suggested Citation: Suggested Citation

Eckel, Catherine C. and Grossman, Philip J., Men, Women and Risk Aversion: Experimental Evidence (2008). HANDBOOK OF EXPERIMENTAL ECONOMICS RESULTS, Vol. 1, Ch.113, pp. 1061-1073, C. Plott, V. Smith, eds., New York, Elsevier, 2008, Available at SSRN: https://ssrn.com/abstract=1883693