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Gender effects for loss aversion : yes, no, maybe?

Ranoua Bouchouicha (UGent) , Lachlan Deer, Ashraf Galal Eid, Peter McGee, Daniel Schoch, Hrvoje Stojic, Jolanda Ygosse-Battisti and Ferdinand Vieider (UGent)
(2019) JOURNAL OF RISK AND UNCERTAINTY. 59. p.171-184
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Abstract
Gender effects in risk taking have attracted much attention by economists, and remain debated. Loss aversion-the stylized finding that a given loss carries substantially greater weight than a monetarily equivalent gain-is a fundamental driver of risk aversion. We deploy four definitions of loss aversion commonly used in the literature to investigate gender effects. Even though the definitions only differ in subtle ways, we find women to be more loss averse than men according to one definition, while another definition results in no gender differences, and the remaining two definitions point to women being less loss averse than men. Conceptually, these contradictory effects can be organized by systematic measurement error resulting from model mis-specifications relative to the true underlying decision process.
Keywords
Loss aversion, Gender effects, Risk preferences, Prospect theory, EXPECTED UTILITY-THEORY, PROSPECT-THEORY, RISK-TAKING, HETEROGENEITY, PROBABILITY, ANOMALIES, DECISION

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MLA
Bouchouicha, Ranoua, et al. “Gender Effects for Loss Aversion : Yes, No, Maybe?” JOURNAL OF RISK AND UNCERTAINTY, vol. 59, 2019, pp. 171–84, doi:10.1007/s11166-019-09315-3.
APA
Bouchouicha, R., Deer, L., Eid, A. G., McGee, P., Schoch, D., Stojic, H., … Vieider, F. (2019). Gender effects for loss aversion : yes, no, maybe? JOURNAL OF RISK AND UNCERTAINTY, 59, 171–184. https://doi.org/10.1007/s11166-019-09315-3
Chicago author-date
Bouchouicha, Ranoua, Lachlan Deer, Ashraf Galal Eid, Peter McGee, Daniel Schoch, Hrvoje Stojic, Jolanda Ygosse-Battisti, and Ferdinand Vieider. 2019. “Gender Effects for Loss Aversion : Yes, No, Maybe?” JOURNAL OF RISK AND UNCERTAINTY 59: 171–84. https://doi.org/10.1007/s11166-019-09315-3.
Chicago author-date (all authors)
Bouchouicha, Ranoua, Lachlan Deer, Ashraf Galal Eid, Peter McGee, Daniel Schoch, Hrvoje Stojic, Jolanda Ygosse-Battisti, and Ferdinand Vieider. 2019. “Gender Effects for Loss Aversion : Yes, No, Maybe?” JOURNAL OF RISK AND UNCERTAINTY 59: 171–184. doi:10.1007/s11166-019-09315-3.
Vancouver
1.
Bouchouicha R, Deer L, Eid AG, McGee P, Schoch D, Stojic H, et al. Gender effects for loss aversion : yes, no, maybe? JOURNAL OF RISK AND UNCERTAINTY. 2019;59:171–84.
IEEE
[1]
R. Bouchouicha et al., “Gender effects for loss aversion : yes, no, maybe?,” JOURNAL OF RISK AND UNCERTAINTY, vol. 59, pp. 171–184, 2019.
@article{8631098,
  abstract     = {{Gender effects in risk taking have attracted much attention by economists, and remain debated. Loss aversion-the stylized finding that a given loss carries substantially greater weight than a monetarily equivalent gain-is a fundamental driver of risk aversion. We deploy four definitions of loss aversion commonly used in the literature to investigate gender effects. Even though the definitions only differ in subtle ways, we find women to be more loss averse than men according to one definition, while another definition results in no gender differences, and the remaining two definitions point to women being less loss averse than men. Conceptually, these contradictory effects can be organized by systematic measurement error resulting from model mis-specifications relative to the true underlying decision process.}},
  author       = {{Bouchouicha, Ranoua and Deer, Lachlan and Eid, Ashraf Galal and McGee, Peter and Schoch, Daniel and Stojic, Hrvoje and Ygosse-Battisti, Jolanda and Vieider, Ferdinand}},
  issn         = {{0895-5646}},
  journal      = {{JOURNAL OF RISK AND UNCERTAINTY}},
  keywords     = {{Loss aversion,Gender effects,Risk preferences,Prospect theory,EXPECTED UTILITY-THEORY,PROSPECT-THEORY,RISK-TAKING,HETEROGENEITY,PROBABILITY,ANOMALIES,DECISION}},
  language     = {{eng}},
  pages        = {{171--184}},
  title        = {{Gender effects for loss aversion : yes, no, maybe?}},
  url          = {{http://doi.org/10.1007/s11166-019-09315-3}},
  volume       = {{59}},
  year         = {{2019}},
}
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