Work

Can gender diversity prevent risky choice shifts? The effect of gender composition on group decisions under risk

Year: 2025

Type: article

Abstract: Our study contributes to the literature on choice shifts in group decision-making by analyzing how the level of risk-taking within a group is influenced by its gender composition. In particular, we investigate experimentally whether group composition affects how preferences ‘shift’ when comparing individual and group choices. Consistent with hypotheses derived from previous literature, we show that male-dominated groups shift toward riskier decisions in a way that is not explained by any simple preference aggregation mechanism. We discuss potential channels for the observed pattern of choice shifts.

Source: Experimental Economics

DOI: 10.1017/eec.2024.4

Authors: Katharina Lima de Miranda, Lena Detlefsen, Ulrich Schmidt

Institutions: Kiel Institute for the World Economy, Christian-Albrechts-Universität zu Kiel, University of Johannesburg

Language: English

Topic: Experimental Behavioral Economics Studies

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Gender equality, Reduced inequalities

Open Access status: hybrid

Estimated APC paid: $3,550