Gender Differences in Risk-Taking: Evidence from Professional Basketball

32 Pages Posted: 7 Jul 2016  

René Böheim

Johannes Kepler University

Christoph Freudenthaler

Johannes Kepler University Linz

Mario Lackner

Johannes Kepler University Linz

Abstract

We analyze gender differences in risk-taking in high-pressure situations. Using novel data from professional athletes (NBA and WNBA), we find that male teams increase their risk-taking towards the end of matches when a successful risky strategy could secure winning the match. Female teams, in contrast, reduce their risk-taking in these situations. The less time left in a match, the larger is the gap. When the costs of an unsuccessful risky strategy are very large (losing the tournament), we find no increase in risk-taking for male teams.

Keywords: risk-taking, gender differences, tournament incentives

JEL Classification: D81, J16, L83

Suggested Citation

Böheim, René and Freudenthaler, Christoph and Lackner, Mario, Gender Differences in Risk-Taking: Evidence from Professional Basketball. IZA Discussion Paper No. 10011. Available at SSRN: https://ssrn.com/abstract=2803843

Rene Boheim (Contact Author)

Johannes Kepler University ( email )

Linz
Austria

Christoph Freudenthaler

Johannes Kepler University Linz

Altenbergerstr. 69
A-4040 Linz, 4040
Austria

Mario Lackner

Johannes Kepler University Linz ( email )

Altenbergerstr. 69
A-4040 Linz, Uper Austria 4040
Austria

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