Top
Begin typing your search above and press return to search.
Madhyamam
    keyboard_arrow_down
    Login
    exit_to_app
    Going beyond birthday celebration
    access_time 18 Sep 2020 6:05 AM GMT
    Periyar@142-Revolutionary and Visionary
    access_time 17 Sep 2020 11:57 AM GMT
    The word of caution from the highest court
    access_time 17 Sep 2020 6:31 AM GMT
    access_time 16 Sep 2020 5:58 AM GMT
    access_time 15 Sep 2020 6:19 AM GMT
    DEEP READAll arrow_drop_down
    The ogres in the mind
    access_time 8 Sep 2020 11:27 AM GMT
    Why worry about populism?
    access_time 4 Sep 2020 9:51 AM GMT
    Media mind-set towards minorities
    access_time 15 July 2020 4:29 PM GMT
    exit_to_app
    Homechevron_rightWorldchevron_rightCulture may affect...

    Culture may affect gender difference in risk taking

    text_fields
    bookmark_border
    Culture may affect gender difference in risk taking
    cancel

    New York:  The different approaches to risk taking might not be inherent and could be shaped by culture and social environment, according to a study.

    Previous studies have shown that women are more risk-averse than men, and more likely to opt for a smaller sure thing than an all-or-nothing gamble, but Chinese and American economists found through a new research project that the difference could shift at least in children, Xinhua news agency reported.

    "If we can teach girls that they should be more risk loving, perhaps that will shape their future decision-making," said Elaine Liu, Associate Professor of Economics at the University of Houston.

    The gender norms could have long-term economic consequences, even potentially shrinking the gender pay gap if it led to women choosing riskier but higher-reward career paths, the researchers said. 

    In the study, published in the journal Proceedings of the National Academy of Sciences, the team looked at the behaviour of children from two cultures -- the matrilineal Mosuo people and the traditionally patriarchal Han. They attended the same school in China.

    When the children first began their elementary study, Mosuo girls took more risks than Mosuo boys, while Han girls were less likely to take risks than Han boys in keeping with their parents' cultural norms. But that began to change as the children were exposed to the other culture.

    The Mosuo girls took more risks than Han girls at the beginning, but their attitude towards taking risk became more similar as they spent more time together, showing a sign of convergence.

    They studied children's attitudes through a lottery-style game, offering the students six choices ranging from a guaranteed three-yuan payout to a 50/50 per cent chance of winning 10 yuan or nothing

    Show Full Article
    TAGS:
    Next Story