Behavioral Economics Commons^™

Female Risk Aversion: Experimental Evidence From Myanmar, O Mandalay

Master's Theses

Present literature shows that the risk tolerance of females is generally lower than that of males, but in some circumstances, it can exceed – when concerning the welfare of the offspring, for example. Many experiments and data suggest that the dynamics of female risk tolerance depend on context and type of rewards involved as well as cultural norms. In our experiment, holding the culture and the context fixed, we found that females took less risk than males. Our experiment was conducted in Myanmar using a lottery selection method to measure risk over five consecutive rounds. We found 1) female risk …