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Are Women as Likely to Take Risks and Compete? Behavioural Findings from Central Vietnam

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  • Diana Fletschner
  • C. Leigh Anderson
  • Alison Cullen
Abstract
Using controlled experiments to compare the risk attitude and willingness to compete of husbands and wives in 500 couples in rural Vietnam, we find that women are more risk averse than men and that, compared to men, women are less likely to choose to compete, irrespective of how likely they are to succeed. Relevant to development programmes concerned with lifting women out of poverty, our findings suggest that women may be more reluctant to adopt new technologies, take out loans, or engage in economic activities that offer higher expected returns, in order to avoid setups that require them to be more competitive or that have less predictable outcomes.

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  • Diana Fletschner & C. Leigh Anderson & Alison Cullen, 2010. "Are Women as Likely to Take Risks and Compete? Behavioural Findings from Central Vietnam," Journal of Development Studies, Taylor & Francis Journals, vol. 46(8), pages 1459-1479.
    • Handle: RePEc:taf:jdevst:v:46:y:2010:i:8:p:1459-1479
    DOI: 10.1080/00220381003706510
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    References listed on IDEAS

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    1. Booth, Alison & Nolen, Patrick, 2012. "Choosing to compete: How different are girls and boys?," Journal of Economic Behavior & Organization, Elsevier, vol. 81(2), pages 542-555.
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    4. Uri Gneezy & Kenneth L. Leonard & John A. List, 2009. "Gender Differences in Competition: Evidence From a Matrilineal and a Patriarchal Society," Econometrica, Econometric Society, vol. 77(5), pages 1637-1664, September.
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    6. Elaine Meichen Liu, 2008. "Time to Change What to Sow: Risk Preferences and Technology Adoption Decisions of Cotton Farmers in China," Working Papers 1064, Princeton University, Department of Economics, Industrial Relations Section..
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    Cited by:

    1. Alison C. Cullen & C. Leigh Anderson & Pierre Biscaye & Travis W. Reynolds, 2018. "Variability in Cross‐Domain Risk Perception among Smallholder Farmers in Mali by Gender and Other Demographic and Attitudinal Characteristics," Risk Analysis, John Wiley & Sons, vol. 38(7), pages 1361-1377, July.
    2. Migheli, Matteo, 2010. "Gender at Work: Productivity and Incentives," AICCON Working Papers 74-2010, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    3. Kohlin, Gunnar & Sills, Erin O. & Pattanayak, Subhrendu K. & Wilfong, Christopher, 2011. "Energy, gender and development: what are the linkages ? where is the evidence ?," Policy Research Working Paper Series 5800, The World Bank.
    4. Ananish Chaudhuri & Vegard Iversen & Francesca R. Jensenius & Pushkar Maitra, 2020. "Time in Office and the Changing Gender Gap in Dishonesty: Evidence from Local Politics in India," CESifo Working Paper Series 8217, CESifo.
    5. Thushyanthan Baskaran & Sonia Bhalotra & Brian Min & Yogesh Uppal, 2024. "Women legislators and economic performance," Journal of Economic Growth, Springer, vol. 29(2), pages 151-214, June.
    6. Migheli, Matteo, 2015. "Gender at work: Incentives and self-sorting," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 55(C), pages 10-18.
    7. Frick, Bernd, 2011. "Gender differences in competitiveness: Empirical evidence from professional distance running," Labour Economics, Elsevier, vol. 18(3), pages 389-398, June.
    8. Khor, Ling Yee & Sariyev, Orkhan & Loos, Tim, 2020. "Gender differences in risk behavior and the link to household effects and individual wealth," Journal of Economic Psychology, Elsevier, vol. 80(C).
    9. Alison C. Cullen & C. Leigh Anderson, 2017. "Perception of Climate Risk among Rural Farmers in Vietnam: Consistency within Households and with the Empirical Record," Risk Analysis, John Wiley & Sons, vol. 37(3), pages 531-545, March.
    10. Farzana Afridi & Vegard Iversen & M. R. Sharan, 2017. "Women Political Leaders, Corruption, and Learning: Evidence from a Large Public Program in India," Economic Development and Cultural Change, University of Chicago Press, vol. 66(1), pages 1-30.
    11. Gockel, Ryan P. & Cullen, Alison C., 2013. "Willing, but Unable: Determinants of Participation Rates for TrainingWorkshops in Central Vietnam," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 3(10), pages 1-15, October.
    12. Meinzen-Dick, R., 2010. "Engendering agricultural research," IWMI Working Papers H043604, International Water Management Institute.
      • Behrman, Julia & Beintema, Nienke & Biermayr-Jenzano, Patricia & Meinzen-Dick, Ruth & Noordeloos, Marco & Quisumbing, Agnes & Ragasa, Catherine & Wilde, Vicki, 2010. "Engendering agricultural research," IFPRI discussion papers 973, International Food Policy Research Institute (IFPRI).
    13. Mishra, K., 2018. "You are Approved! Insured Loans Improve Credit Access and Technology Adoption of Ghanaian Farmers," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277089, International Association of Agricultural Economists.
    14. Baskaran, Thushyanthan & Bhalotra, Sonia R. & Min, Brian & Uppal, Yogesh, 2018. "Women Legislators and Economic Performance," IZA Discussion Papers 11596, Institute of Labor Economics (IZA).
    15. Tran, Van Q., 2015. "Household's coping strategies and recoveries from shocks in Vietnam," The Quarterly Review of Economics and Finance, Elsevier, vol. 56(C), pages 15-29.
    16. Hillesland, Marya, 2019. "Gender differences in risk behavior: An analysis of asset allocation decisions in Ghana," World Development, Elsevier, vol. 117(C), pages 127-137.
    17. Sundar, B. & Virmani, Vineet, 2013. "Attitudes towards Risk of Forest Dependent Communities - Evidence from Andhra Pradesh," IIMA Working Papers WP2013-12-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    18. Choe, Chung & Jung, SeEun & Oaxaca, Ronald L., 2022. "What's the Risk from Competing? Competition Aversion and the Gender Wage Gap," IZA Discussion Papers 15048, Institute of Labor Economics (IZA).

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