Preferences and Biases in Educational Choices and Labour Market Expectations: Shrinking the Black Box of Gender
通过实验测量过度自信、竞争偏好和风险偏好,研究发现这些因素解释了18%的性别收入预期差距,但与大学专业选择无关。
Using an experiment to measure overconfidence and preferences for competitiveness and risk, this article investigates whether these measures explain gender differences in college major choices and expected future earnings. We find that individuals who are overconfident and overly competitive expect to earn significantly more. In addition, gender differences in overconfidence and competitiveness explain 18% of the gender gap in earnings expectations. These experimental measures explain as much of the gender gap in earnings expectations as a rich set of control variables. While expected earnings are related to college major choices, the experimental measures are not related with college major choice.