Gender Differences and Dynamics in Competition: The Role of Luck.
We present experimental evidence which sheds new light on why women may be less competitive than men. Specifically, we observe striking differences in how men and women respond to good and bad luck in a competitive environment. Following a loss, women tend to reduce effort, and the effect is independent of the monetary value of the prize that the women failed to win. Men, on the other hand, reduce effort only after failing to win large prizes. Responses to previous competitve outcomes exp...Expand abstract
- Department of Economics (University of Oxford)
- Discussion paper series
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