Gender Differences in Risk Preferences: An Empirical Study using Attitudinal and Behavioral Specifications of Risk Aversion

Author(s):  
Jyoti Rai ◽  
Jean Kimmel
1995 ◽  
Vol 30 (4) ◽  
pp. 269-281 ◽  
Author(s):  
Rostyslaw W. Robak ◽  
Steven P. Weitzman

Grief following lost romantic relationships during early adulthood has been identified as a form of disenfranchised grief. The present study examined several variables associated with the grieving process. College students (126) between the ages of eighteen and twenty-eight were asked to respond to a questionnaire and to complete the Loss version of the Grief Experience Inventory (GEI). Results of these surveys indicate that such grief is disenfranchised by family members (parents and siblings) but not by friends. Such grief experiences, as measured by the GEI, appear to be very similar to those following loss through death. Gender differences were not found, with the exception of three areas which have been substantially identified in previous research: as part of the grief experience, women reported greater feelings of loss of control, death anxiety, and less denial than did men. What factor(s) would lead young adults to seek counseling following such losses? No personality characteristics were able to predict this. The only variable to predict the seeking of counseling was a greater length of time spent in grief (11.9 months for those who sought counseling vs. 6.4 months for those who did not).


2020 ◽  
Author(s):  
Moye Xin ◽  
Xueyan Yang ◽  
Kun Liu ◽  
Bilun Naz Boke

Abstract Background: We attempted to find if there were gender differences in Non-suicidal self injurious (NSSI) behaviors and Suicidal ideation among Chinese youth, then analyze the impact of internet use frequency on these variables among youth of different genders.Methods: Based on the survey data from 6 high-schools and 4 universities in 4 cities in China, the gender difference in NSSI behaviors and Suicidal ideation and their related factors were analyzed in the study.Results: There was no significant gender difference in NSSI behaviors among Chinese youth, yet females reported significantly higher intensity of suicidal ideation compared to males; internet use frequency could explain the prevalence of NSSI behaviors and Suicidal ideation by gender, to some categories.Conclusions: The gender difference of NSSI engagement among Chinese youth was not statistically significant; while females had higher suicidal ideation than males; the overuse of social softwares was found to be a risk factor to both NSSI engagements and suicidal ideations for both genders; males would engage less NSSI behaviors when they spent more time on knowledge sharing softwares while might have more suicidal ideation when they spent too much time on gaming.


2004 ◽  
Vol 2 (2) ◽  
Author(s):  
Gary E. Marche

Although corruption and optimal law enforcement literature have addressed the effects of corruption, little has been done to analyze the decision to become corrupt. For example, little is known about risk preferences and how they might affect the nature of a corrupt exchange scheme. To answer this question, a theoretical analysis is developed that considers the noncoercive incentivea and circumstances necessary for a law enforcement official, assumed averse to criminal risk, to choose a corrupt exchange with organized crime that involves murder. Risk-aversion and the severity of the crime involved are shown to reduce the likelihood of detecting the corruption scheme and murder is shown to be optimal. Corruption schemes involving less risk averse offenders are analyzed and compared.


2020 ◽  
Vol 36 (2) ◽  
pp. 314-342
Author(s):  
Erin Giffin ◽  
Erik Lillethun

Abstract Civil disputes feature parties with biased incentives acquiring evidence with costly effort. Evidence may then be revealed at trial or concealed to persuade a judge or jury. Using a persuasion game, we examine how a litigant’s risk preferences influence evidence acquisition incentives. We find that high risk aversion depresses equilibrium evidence acquisition. We then study the problem of designing legal rules to balance good decision making against the costs of acquisition. We characterize the optimal design, which differs from equilibrium decision rules. Notably, for very risk-averse litigants, the design is “over-incentivized” with stronger rewards and punishments than in equilibrium. We find similar results for various common legal rules, including admissibility of evidence and maximum awards. These results have implications for how rules could differentiate between high risk aversion types (e.g., individuals) and low risk aversion types (e.g., corporations) to improve evidence acquisition efficiency.


2018 ◽  
Vol 43 (6) ◽  
pp. 1223-1249
Author(s):  
Gurupdesh Pandher

This paper studies how critical entrepreneurial finance outcomes such as the investment return and equity division are shaped by venture characteristics, financier risk preferences, and competitive searching. Our analysis uses a double-hazard agency model in which financiers determine the equity division to maximize the expected utility of their investment return while entrepreneurs search for the best deal. Model results provide new theoretical insights on the venture funding cycle, the coexistence of angels/venture capitalists (VCs) with heterogeneous risk aversion, and risk separation in the entrepreneurial finance market. The model predicts that financiers with higher funding capacity and advisory capabilities (e.g., VC firms) will prefer to fund at later stages as their expected investment return rises with the venture’s initial value and financier productivity. Competitive searching by entrepreneurs enables financiers with a diverse set of risk preferences to coexist profitably by reducing the advantage (disadvantage) of lower (higher) risk aversion financiers and making investment returns more similar. Further, the model shows the emergence of a risk separation cutoff beyond which only angels/VCs with lower levels of risk aversion can profitably fund riskier ventures.


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