SeEun Jung

TL;DR: The authors investigated the causal effects of education on risk aversion by examining the British education reform of 1972, which increased the duration of compulsory schooling from age 15 to age 16, and found that an additional year of schooling increased the level of risk aversion.

TL;DR: Men were more likely than women to select the secure job, and these job choices accounted for between 40% and 77% of the gender wage gap in the experiments as mentioned in this paper, which was also manifest in the Pratt-Arrow Constant Absolute Risk Aversion parameters estimated from a random utility model adaptation of the mean-variance portfolio model.

TL;DR: The authors investigated a new way to decompose the gender wage gap with the introduction of individual risk attitudes using representative Korean data and found that female workers are more risk averse than male workers and hence prefer working in the public sector, where wages are generally lower than in the private sector.

TL;DR: In this paper, the results of an ultimatum game with asymmetric information where proposers can send responders misleading information about their endowments were reported, showing that men tend to state bigger lies than women, and state the largest lies when paired with a woman.

TL;DR: In this paper, the authors examined a Japanese Panel Survey to check whether self-reported risk aversion varies over time, and they found that risk aversion is composed of a time-variant part and that the variation cannot be ascribed to measurement error or noise given that it is related to income shocks.