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Seminar  |  26.04.2016  |  12:30

Brown Bag-Seminar: Women Do Not Play Their Aces - The Consequences of Shying Away

12:30 - 14:00 Uhr, Eszter Czibor (University of Chicago), Max-Planck-Institut für Innovation und Wettbewerb, München, Raum 313

Abstract:

The underrepresentation of women at the top of hierarchies is often explained by gender differences in preferences. We find support for this claim by analyzing a large dataset from an online card game community, a stylized yet natural setting characterized by self-selection into an uncertain, competitive and male-dominated environment. We observe gender differences in playing behavior consistent with women being more averse towards risk and competition. Moreover, we demonstrate how “shying away” makes female players less successful: despite no gender gap in playing skills, women accumulate lower scores than men due to their relative avoidance of risky and competitive situations.