Salience, risky choices and gender

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 117
Issue: 2
Pages: 517-520

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

Risk theories typically assume individuals make risky choices using probability weights that differ from objective probabilities. Recent theories suggest that probability weights vary depending on which portion of a risky environment is made salient. Using experimental data we show that salience affects young men and women differently, even after controlling for cognitive and non-cognitive skills. Men are significantly more likely than women to switch from a certain to a risky choice once the upside of winning is made salient, even though the expected value of the choice remains the same.

Technical Details

RePEc Handle
repec:eee:ecolet:v:117:y:2012:i:2:p:517-520
Journal Field
General
Author Count
2
Added to Database
2026-01-24