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

Andreas Pondorfer*, Toman Barsbai, Ulrich Schmidt

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    16 Citations (Scopus)

    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.

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

    Keywords

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

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