TY  - RPRT
        AU  - Böheim, René
AU  - Lackner, Mario
AU  - Wagner, Wilhelm
        TI  - Raising the Bar: Causal Evidence on Gender Differences in Risk-Taking from a Natural Experiment
        PY  - 2020/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 12946
        UR  - https://www.iza.org/publications/dp12946
        AB  - We analyze data from top-tier professional athletes and find that female and male athletes differ in the timing and in the extent of their reactions to a change of the rules which increased the risk of failure. Male athletes increased risk-taking in the more risky environment immediately after the changes. Female athletes, however, increased risk-taking two years after the rule change. Over time, female athletes reverted to pre-reform risk-taking levels and male athletes' continued to make more risky decisions in the new environment. We attribute our findings to gender differences in competitiveness and risk preferences.
        KW  - gender differences
KW  - risk-taking
KW  - competitiveness
        ER  -