Data di Pubblicazione:
2018
Citazione:
Competition and subsequent risk-taking behaviour: Heterogeneity across gender and outcomes / A. Filippin, F. Gioia. - In: JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS. - ISSN 2214-8043. - 75(2018 Aug), pp. 84-94. [10.1016/j.socec.2018.05.003]
Abstract:
This paper studies if competition affects subsequent risk-taking behaviour by means of a laboratory experiment that manipulates the degree of competitiveness of the environment under equivalent monetary incentives. We find that competition increases risk aversion, especially for males, but not in a significant manner. When conditioning on the outcome, we find that males become significantly more risk averse after losing the tournament than after randomly earning the same low payoff. In contrast, males do not become more risk-seeking after winning the tournament, while females’ average risk-taking behaviour is unaffected by tournament participation and outcomes. Our findings can be rationalized using the results of the literature on self-serving attribution.
Tipologia IRIS:
01 - Articolo su periodico
Keywords:
competition; gender; risk attitudes; applied psychology; economics and rconometrics; social sciences (all)
Elenco autori:
A. Filippin, F. Gioia
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