Will Women Be Women? Analyzing the Gender Difference among Financial Experts
研究调查了649位美国、德国、意大利和泰国的基金经理，发现女性基金经理在风险规避和竞争回避上仍符合性别差异预期，但过度自信的性别差异在基金行业中不显著。
SUMMARY There are robust gender differences in the domains of risk taking, overconfidence and competition behavior. However, as expertise tends to level these differences, we ask whether financial experts still show gender dissimilarities in their domains of decision making? We analyze survey responses of 649 fund managers in the U.S., Germany, Italy and Thailand, and find that female fund managers tend to behave as expected from gender studies: they are more risk averse and shy away from competition in the tournament scenario. The expected lower degree of overconfidence by women is yet so small that it becomes insignificant in fund management.