Do women panic more than men? An experimental study of financial decisions

B-Tier
Journal: Journal of Behavioral and Experimental Economics
Year: 2014
Volume: 52
Issue: C
Pages: 40-51

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

We report experimental evidence on gender differences in financial decision-making that involves three depositors choosing whether to keep their money deposited or to withdraw it. We find that one's position in the line, the fact that one is being observed and observed decisions are key determinants in explaining the subjects’ behavior. Our main result is that men and women do not react differently to what is observed. However, there are gender differences regarding the effect of being observed: women value the fact of being observed more, while men value the number of subsequent depositors who observe them. Interestingly, risk aversion has no predictive power on depositors’ behavior.

Technical Details

RePEc Handle
repec:eee:soceco:v:52:y:2014:i:c:p:40-51
Journal Field
Experimental
Author Count
3
Added to Database
2026-01-25