Publikation:

The impact of gender on individual decisions : evidence from the "Millionaire Show"

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325.pdf
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2003

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Lehmann, Erik
Warning, Susanne

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Zusammenfassung

In order to analyse whether women and men differ in their decision making under risk and uncertainty, we use data from the game show 'Who Wants to be a Millionaire?'. It turns out that i) there are gender differences in choosing a lottery or a certain value only for largestakes lotteries, ii) the decision making process differs significantly between small and large stake lotteries for both women and men, and iii) people with lower income tend to react more reluctant to choose a kind of certain value in order of a lottery. The results hold even after controlling for socio-economic variables.

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Fachgebiet (DDC)
330 Wirtschaft

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Decision making under uncertainty, gender differences, gambling

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ISO 690LEHMANN, Erik, Susanne WARNING, 2003. The impact of gender on individual decisions : evidence from the "Millionaire Show"
BibTex
@techreport{Lehmann2003impac-11989,
  year={2003},
  series={Diskussionsbeiträge ("Grüne Reihe") / FB Wirtschaftswissenschaften},
  title={The impact of gender on individual decisions : evidence from the "Millionaire Show"},
  number={325},
  author={Lehmann, Erik and Warning, Susanne}
}
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