Gender differences towards risk and ambiguity environments: an experiment

Abstract

Gender differences can be found in different social domains. Particularly, the present project is focused on the study of gender differences towards risk and ambiguity environments. The majority of the literature suggests, in the first place, that gender differences can be found under risk condition, being males more risk prone than females. Secondly, gender differences are not significant under ambiguity condition. In this paper, takes place an experimental study measuring gender differences through both conditions. The results show -as the majority of the literature propose- that females tend to be more risk averse than men. Nevertheless, the results also suggest that despite there is not correlation between the different attitudes measured for both conditions, there is a high correlation between subjects classified as risk consistent and ambiguity consistent.