Apr 21, 20191 min

Social environment assists determine attitudes toward risk

Source: University of Houston

Studies have shown women are more risk-averse than men, a trait experts say could help to explain the persistent wage gap between men and women.

  • New research suggests those gender differences are shaped by culture and the social environment and that those differences can shift, at least in children.

  • Studies have shown women are more risk-averse than men, more likely to opt for the smaller sure thing than gamble on an all-or-nothing proposition, a trait experts say could help to explain the persistent wage gap between men and women.

New research suggests those gender differences in risk aversion are shaped by culture and the social environment and that those differences can shift, at least in children

#Social #Society #Men #Women #Wage