Gender Differences in Overconfidence and Risk Taking: Do Self-Selection and Socialization Matter?
13 Pages Posted: 21 Apr 2013
Date Written: December 12, 2012
Abstract
In a large-scale laboratory experiment, we investigate gender differences in overconfidence and risk taking. Our results show that (self-)selection and socialization can eliminate the gender difference in overconfidence, but they appear insufficient to create environments in which women are as risk loving as men.
Keywords: Gender differences, Risk taking, Overconfidence, Self-selection, Socialization
JEL Classification: J2, J16, J24
Suggested Citation: Suggested Citation
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