Abstract
In this paper, we examine gender-specific reference-dependent preferences in a trust game experiment. Different amounts of show-up fee and one question eliciting subjects’ reference points were used to categorize subjects into three frames—the gain frame, the gain or loss frame, and the loss frame. We mainly found that (i) male subjects are risk-seeking in both the gain frame and the loss frame; (ii) women are not always more risk-averse than men; and (iii) women display other-regarding preferences only when they are in a gain frame. These results demonstrate the importance of taking gender difference and the reference-dependent preference into account together when examining individuals’ economic behaviors.
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.
