Abstract
Systematic differences in the attitudes of men and women toward risk is well established and has been shown to contribute substantially to gender-specific outcomes within labour markets and goods markets. Despite these important implications, surprisingly little is known about the source of gender differences in risk-taking. Focusing on the role of risk-related emotions, this paper empirically tests the theory that gender differences in attitudes towards risk can be explained, in part, by differences in how men and women respond to negative outcomes. Using a large UK longitudinal survey, we find that women on average have more intense psychological reactions to monetary losses than men, leading to a lower self-assessed ‘willingness to take risks in general’.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
