TY - RPRT AU - Claussen, Jörg AU - Czibor, Eszter AU - Praag, Mirjam C. van TI - Women Do Not Play Their Aces: The Consequences of Shying Away PY - 2015/Dec/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 9612 UR - https://www.iza.org/publications/dp9612 AB - 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. KW - gender KW - preferences KW - risk KW - competition KW - performance ER -