Will Women Be Women? Analyzing the Gender Difference among Financial Experts

C-Tier
Journal: Kyklos
Year: 2008
Volume: 61
Issue: 3
Pages: 364-384

Authors (2)

Daniela Beckmann (not in RePEc) Lukas Menkhoff (Humboldt-Universität Berlin)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

There are robust gender differences in the domains of risk taking, overconfidence and competition behavior. However, as expertise tends to level these differences, we ask whether financial experts still show gender dissimilarities in their domains of decision making? We analyze survey responses of 649 fund managers in the U.S., Germany, Italy and Thailand, and find that female fund managers tend to behave as expected from gender studies: they are more risk averse and shy away from competition in the tournament scenario. The expected lower degree of overconfidence by women is yet so small that it becomes insignificant in fund management.

Technical Details

RePEc Handle
repec:bla:kyklos:v:61:y:2008:i:3:p:364-384
Journal Field
General
Author Count
2
Added to Database
2026-01-26