Gender Differences in Risk Aversion: Do Single-Sex Environments Affect Their Development?

  title={Gender Differences in Risk Aversion: Do Single-Sex Environments Affect Their Development?},
  author={Alison Booth and Lina Cardona and Patrick James Nolen},
  journal={Behavioral \& Experimental Finance eJournal},
Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in economically important ways. To test this, we designed a controlled experiment using first year college students who made choices over real-stakes lotteries at two distinct dates. Students were randomly assigned to classes of three types: all female, all male, and coeducational. They were not allowed to change group subsequently. We found that women are less likely to make risky choices… 
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