Ethnicity and Gender Differences in Risk, Ambiguity Attitude Report as inadecuate

Ethnicity and Gender Differences in Risk, Ambiguity Attitude - Download this document for free, or read online. Document in PDF available to download.

We analyze gender difference in risk and ambiguity attitude of subjects across twodifferent ethnicities that differ in the degree of female empowerment. Santal is apatriarchal tribe and Khasi is a matrilineal tribe with men and women being the socialhead in their respective societies. We compare subject’s willingness to take up risk and ambiguity for themselves and on behalf of others. Besides we analyze the differences inrisk and ambiguity attitude of subjects from these societies. Our findings show thatwomen in both societies are significantly more risk averse, but not ambiguity averse.Patriarchal male and female are more risk averse in group risk than in individual risk but matrilineal subjects are not. Therefore, higher risk aversion in group is an ethnic trait among Santals. Comparing the between ethnicity differences we find that matrilineal subjects are more risk averse than patriarchal subjects. Regarding attitudes towards ambiguity, we did not find any gender or ethnicity differences.

Keywords: Risk and Ambiguity ; Gender ; Matrilineal and Patriarchal society ; Field experiment

Subject(s): Institutional and Behavioral Economics

Risk and Uncertainty

Issue Date: 2014-08

Publication Type: Working or Discussion Paper

DOI and Other Identifiers: ISSN (2192-3248) (Other)

PURL Identifier:

Total Pages: 24

JEL Codes: C93; D81; J15; J16

Series Statement: GlobalFood Discussion Papers


Record appears in: Georg-August-Universitaet Goettingen > GlobalFood Discussion Papers

Author: Banerjee, Debosree


Related documents