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Women feel the pain of losses more than men when faced with risky choices
- anonymouskimmer 3y agoIs this gender differences or sex differences? Nowadays it's even more important to be consistent with wording, especially for scientific or medical investigations. > Despite these important implications, we still know very little about why women take fewer risks than men." > When asked how they saw themselves financially a year from now with expectations about outcomes under the individual's control, men were significantly more optimistic than women. > The research indicates that this optimism may be linked to men's overconfidence about their abilities compared to women which previous studies have highlighted. But the actual reasons for the sex or gender differences are still guesswork here. Why is there a divide between men and women's average optimism? Why is there a divide between men and women's average loss aversion? Are these average differences somehow innate to the sex/gender, and if so, why, or something about society, and if so, what? They controlled for some personality traits, but did they control for socioeconomic conditions? For economic power (such as financial benefits from a current job)? I hope future researchers can use this data as a starting point to discovering mechanisms. And do comparisons across countries to partly determine whether this is a social effect or biological effect (though women's historic economic subordination to, and dependence on, men, the world over may make cross-country comparisons only somewhat good at this).
- jacooper 3y agoThere are clearly two genders, women and men. All the other BS is made up, and nobody takes it seriously.
- anonymouskimmer 3y agoThis cannot be taken for granted when reading articles written today. Taking it for granted can result in bad interpretations of data.