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Gender differences in stereotypes of risk preferences: experimental evidence from a matrilineal and a patrilineal society

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Author(s)

Andreas Pondorfer, Toman Barsbai, Ulrich Schmidt

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Abstract

We use a controlled experiment to analyze gender differences in stereotypes about risk preferences of men and women across two distinct island societies in the Pacific: the patrilineal Palawan in the Philippines and the matrilineal Teop in Papua New Guinea. We find no gender differences in actual risk preferences, but we find evidence for culture-specific stereotypes. Like men in Western societies, Palawan men overestimate women’s actual risk aversion. By contrast, Teop men underestimate women’s actual risk aversion. We argue that the observed differences in stereotypes between the two societies are determined by the different social status of women.

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Details

Original languageEnglish
Pages (from-to)3268-3284
JournalManagement Science
Volume63
Issue number10
Early online date11 Aug 2016
DOIs
Publication statusPublished - Oct 2017

    Research areas

  • Culture, Experiment, Gender roles, Risk aversion, Stereotype

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