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How Uncertainty And Ambiguity In Tournaments Affect Gender Differences In Competitive Behavior
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Book Synopsis How Uncertainty and Ambiguity in Tournaments Affect Gender Differences in Competitive Behavior by : Loukas Balafoutas
Download or read book How Uncertainty and Ambiguity in Tournaments Affect Gender Differences in Competitive Behavior written by Loukas Balafoutas and published by . This book was released on 2017 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tournament incentives prevail in labor markets, in particular with respect to promotions. Yet, it is often unclear to competitors how many winners there will be or how many applicants compete in the tournament. While it is hard to measure how this uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We present a novel experiment where subjects can compete against each other, but where the number of winners is either uncertain (i.e., unknown numbers of winners, but known probabilities) or ambiguous (unknown probabilities for different numbers of winners). We compare these two conditions with a control treatment with a known number of winners. We find that ambiguity induces a significant increase in performance of men, while we observe no change for women. Both men and women increase their willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects contribute to men winning the tournament significantly more often than women under uncertainty and ambiguity. Hence, previous experiments on gender differences in competition may have measured a lower bound of differences between men and women.
Book Synopsis The Oxford Handbook of Women and the Economy by : Susan L. Averett
Download or read book The Oxford Handbook of Women and the Economy written by Susan L. Averett and published by Oxford University Press. This book was released on 2018-05-15 with total page 889 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformation of women's lives over the past century is among the most significant and far-reaching of social and economic phenomena, affecting not only women but also their partners, children, and indeed nearly every person on the planet. In developed and developing countries alike, women are acquiring more education, marrying later, having fewer children, and spending a far greater amount of their adult lives in the labor force. Yet, because women remain the primary caregivers of children, issues such as work-life balance and the glass ceiling have given rise to critical policy discussions in the developed world. In developing countries, many women lack access to reproductive technology and are often relegated to jobs in the informal sector, where pay is variable and job security is weak. Considerable occupational segregation and stubborn gender pay gaps persist around the world. The Oxford Handbook of Women and the Economy is the first comprehensive collection of scholarly essays to address these issues using the powerful framework of economics. Each chapter, written by an acknowledged expert or team of experts, reviews the key trends, surveys the relevant economic theory, and summarizes and critiques the empirical research literature. By providing a clear-eyed view of what we know, what we do not know, and what the critical unanswered questions are, this Handbook provides an invaluable and wide-ranging examination of the many changes that have occurred in women's economic lives.
Book Synopsis Gender Differences in Interpersonal and Intrapersonal Competitive Behavior by : Jeffrey P. Carpenter
Download or read book Gender Differences in Interpersonal and Intrapersonal Competitive Behavior written by Jeffrey P. Carpenter and published by . This book was released on 2017 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gender differences in competitive behavior have been well documented by economists and other social scientists; however, the bulk of the research addresses competition with others and excludes other economically relevant competition that may contribute to the gender pay gap. In this paper, we ask: How does gender affect how individuals react to competition against themselves? In a laboratory experiment in which some subjects compete against others and some compete against themselves, we find women select into intrapersonal competition at significantly higher rates than interpersonal competition, the first such findings. We find perseverance or "grit" to be a poor predictor of interpersonal competition selection, but find familial effects such as parent's education and number of brothers to be correlated with competition selection.
Book Synopsis Gender, Competition and Performance by : Peter Backus
Download or read book Gender, Competition and Performance written by Peter Backus and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Handbook of Experimental Economics by : John H. Kagel
Download or read book The Handbook of Experimental Economics written by John H. Kagel and published by Princeton University Press. This book was released on 2020-05-05 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.
Book Synopsis Gender and Competition by : Alison L. Booth
Download or read book Gender and Competition written by Alison L. Booth and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In almost all European Union countries, the gender wage gap is increasing across the wages distribution. In this lecture I briefly survey some recent studies aiming to explain why apparently identical women and men receive such different returns and focus especially on those incorporating pyschological factors as an explanation of the gender gap. Research areas with high potential returns to further analysis are identified. Several examples from my own recent experimental work with Patrick Nolen are also presented. These try to distinguish between the role of nature and nurture in affecting behavioural differences between men and women that might lead to gender wage gaps.
Book Synopsis Gender in Jeopardy! by : Michael Jetter
Download or read book Gender in Jeopardy! written by Michael Jetter and published by . This book was released on 2016 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using 4,279 episodes of the popular US game show Jeopardy!, we analyze whether the opponents' gender is able to explain the gender gap in competitive behavior. Our findings indicate that gender differences disappear when women compete against men. This result is surprising, but emerges with remarkable consistency for the probability to (i) respond, (ii) respond correctly, and (iii) respond correctly in high-stakes situations. Even risk preferences in wagering decisions, where gender differences are especially pronounced, do not differ across gender once a woman competes against males. Using a fixed-effects framework, and therefore exploiting within-player variation only, confirms these findings. These results, derived from a large real-life setting, suggest that gender differences in performance and risk attitudes are not gender-inherent, but rather emerge in distinct social environments.
Book Synopsis Confidence and Gender Gaps in Competitive Environments by : Luís Santos-Pinto
Download or read book Confidence and Gender Gaps in Competitive Environments written by Luís Santos-Pinto and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes theoretically how confidence gaps affect behavior in tournaments as well as in contests. An overconfident player overestimates his ability and hence his probability of winning. Our results help organizing experimental evidence on gender gaps in outcomes and behavior in tournaments and contests. Namely, the fact that women are less likely to enter tournaments, women often do not perform as well in tournaments, and women tend to bid more in contests.
Book Synopsis Male and Female Competitive Behavior by : Nabanita Datta Gupta
Download or read book Male and Female Competitive Behavior written by Nabanita Datta Gupta and published by . This book was released on 2006 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Male and female choices differ in many economic situations, e.g., on the labor market. This paper considers whether such differences are driven by different attitudes towards competition. In our experiment subjects choose between a tournament and a piece-rate pay scheme before performing a real task. Men choose the tournament significantly more often than women. Women are mainly influenced by their degree of risk aversion, but men are not. Men compete more against men than against women, but compete against women who are thought to compete. The behavior of men seems primarily to be influenced by social norms whose nature and origin we discuss.
Book Synopsis Gender Differences in Competitiveness and Risk-Taking Among Children, Teenagers, and College Students by : Michael Jetter
Download or read book Gender Differences in Competitiveness and Risk-Taking Among Children, Teenagers, and College Students written by Michael Jetter and published by . This book was released on 2017 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studying competitiveness and risk-taking among Jeopardy! contestants in the US, this paper analyzes whether and how gender differences emerge with age and by gender of opponent. Our samples contain 186 children (aged 10-12), 310 teenagers (aged 13-17), and 299 undergraduate college students. We measure competitiveness via the likelihood of (i) winning an episode, (ii) responding to a clue (i.e., 'buzzing' in), and (iii) responding correctly to a clue. Risk-taking is assessed via Daily Double wagering decisions. We identify no noticeable gender differences in our competitive measures throughout all three samples, but this result changes when considering risk-taking. Although we identify no gender differences in wagering for children, males begin to wager substantially more as they become teenagers, leading to the emergence of the gender gap. In terms of magnitude, teenage girls wager 7.3 percentage points less of their maximum wager than teenage boys, equivalent to approximately $451. This gap persists for college students, albeit with a somewhat smaller magnitude of $297. Finally, male teenagers and college students wager substantially less when competing against females. In turn, the gender of opponents does not influence female competitive behavior and risk-taking.
Book Synopsis The Effect of Feedback on Gender Differences in Competitive Choices by : David Wozniak
Download or read book The Effect of Feedback on Gender Differences in Competitive Choices written by David Wozniak and published by . This book was released on 2016 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the effect of feedback about relative performance on the choice to compete, and the demand for that feedback, using an experiment where participants can choose between piece rate and tournament compensation for simple addition tasks. The experiment was conducted in a shopping mall with 885 adults with wide demographic variation. We replicate the gender gap in competitive choices in this large and diverse sample. We find that providing free feedback about relative performance does not affect the overall gender gap, but does affect the choices to compete by gender and ability. When feedback is costly, females are less likely to buy it than are men, and the reduction in the competitive choice gender gap for high ability individuals is smaller than when feedback is costless. The gender gap in feedback demand varies with age and confidence.
Book Synopsis Handbook of Experimental Economics Results by : Charles R. Plott
Download or read book Handbook of Experimental Economics Results written by Charles R. Plott and published by Elsevier. This book was released on 2008-08-21 with total page 1175 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the field of economics makes sharp distinctions and produces precise theory, the work of experimental economics sometimes appears blurred and may produce uncertain results. The contributors to this volume have provided brief notes describing specific experimental results.
Book Synopsis Do Women Shy Away from Competition? Do Men Compete Too Much? by : Muriel Niederle
Download or read book Do Women Shy Away from Competition? Do Men Compete Too Much? written by Muriel Niederle and published by . This book was released on 2005 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Competitive high ranking positions are largely occupied by men, and women remain scarce in engineering and sciences. Explanations for these occupational differences focus on discrimination and preferences for work hours and field of study. We examine if absent these factors gender differences in occupations may still occur. Specifically we explore whether women and men, on a leveled playing field, differ in their selection into competitive environments. Men and women in a laboratory experiment perform a real task under a non-competitive piece rate and a competitive tournament scheme. Although there are no gender differences in performance under either compensation, there is a substantial gender difference when participants subsequently choose the scheme they want to apply to their next performance. Twice as many men as women choose the tournament over the piece rate. This gender gap in tournament entry is not explained by performance either before or after the entry decision. Furthermore, while men are more optimistic about their relative performance, differences in beliefs only explain a small share of the gap in tournament entry. In a final task we assess the impact of non-tournament-specific factors, such as risk and feedback aversion, on the gender difference in compensation choice. We conclude that even controlling for these general factors, there is a large residual gender gap in tournament entry"--National Bureau of Economic Research web site.
Book Synopsis Competitive Behavior, Stress, and Gender by : Marja-Liisa Halko
Download or read book Competitive Behavior, Stress, and Gender written by Marja-Liisa Halko and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates whether chronic stress and acute physiological responses to competitive stress can explain individual and gender differences in competitiveness. We measure individuals' autonomic nervous system activity in a resting state as well as under non-competitive and competitive incentives in a real task using heart rate variability measurement. We find that basal heart rate variability, a proxy for chronic stress, and acute competition-induced changes in heart rate variability predict self-selection into competition. Moreover, we observe that basal heart rate variability predicts self-selection into competition for women, but not for men. Overall, we find tentative evidence for gender differences in the relationship between physiological stress and a decision to enter competitive environments. Our results suggest that individual variation in autonomic nervous system activity and physiological responses to competitive stress predict self-selection into competitive environments, but do not explain gender differences in willingness to compete.
Book Synopsis Choosing to Compete by : Alison L. Booth
Download or read book Choosing to Compete written by Alison L. Booth and published by . This book was released on 2009 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Constraints and Preferences by : Katarzyna Dziubalska-Kolaczyk
Download or read book Constraints and Preferences written by Katarzyna Dziubalska-Kolaczyk and published by Walter de Gruyter. This book was released on 2011-06-24 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central theme of this collection is the epistemological status of constraints and preferences in linguistics. The contributions focus mainly on phonology; one article deals explicitly with morphology. The approaches to phonology represented in the volume are those of Natural Phonology, Government Phonology, Optimality Theory, autosegemental phonology, and computational phonology. Constraints are juxtaposed either to rules or to preferences in the discussion of constraint-based vs. preference-based theories.
Book Synopsis Handbook of the Fundamentals of Financial Decision Making by : Leonard C. MacLean
Download or read book Handbook of the Fundamentals of Financial Decision Making written by Leonard C. MacLean and published by World Scientific. This book was released on 2013 with total page 941 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).
