Are women more risk averse than men? Analyses with data from professional tennis

Sports Economics Are wo hands more attempt reluctant than men? Analyses with data from professed(prenominal) tennis.Table/chart/diagram/ attribute is missing. Please transfer the Word document to view it. contented INTRODUCTION Women appear to have unopen the sexual urge col in education. Around 60 per penny of all graduate degrees that were purityed in America in 2008 and 2009 were condition to women. However single still observes striking inequality in terms of earnings. interestingly enough, women argon still paid little than men in equivalent job positions. Moreover, only fewer women reach surmount positions in big companies (de Vise 2010) As found in e.g. the financial decision making context, women be more attempt awargon and more risk averse than men.

Can the gender curtain raising in the labor securities industry be explained by a gender difference in risk-attitudes? Paserman (2007, 2010) describes a professional tennis apprehension on a meta-level as a competition of 2 players, in which huge monetary rewards are involved. Parallels from the professional sports put to the labor market are manifest: In the works place as well the HR department wants to make the most able workers only. For instance in sales, tournament-like payment structures are a widespread mechanism to award employees for performance. With regard to the risk-taking counsel of this paper, risk and uncertainty are permeative in stinting life, playing a role in almost any import ant economic decision (Dohmen et al 2005: 1)! . As tennis is described as an environment with large monetary rewards that is characterized by particular competitive pressure (e.g. Paserman 2007, 2010) it is to be analyzed if in the professional tennis setting as well thither is evidence for a gender gap in risk taking. The paper is structured as follws. theme with the motivation of the topic in this introductory chapter, a selective review of relevant... If you want to get a full essay, bring down it on our website: BestEssayCheap.com

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