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How big are the gender-age interaction in risk taking over the lifespan?

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Gender-age interactions in risk-taking behaviors vary across domains and age groups. Studies show that older men tend to reduce financial risk-taking steeply with age, while women exhibit a sharper decline in social risk-taking as they age . Gender also plays a role in risk attitudes, with men advised by women taking more risks and women advised by men being more cautious in financial decisions . Additionally, females generally display more risk aversion than males, although this gap seems to be narrowing in younger cohorts . Neural correlates of risk decision-making also differ with age and gender, as older adults show more risk-averse patterns and reduced cortical activation compared to younger adults, with gender effects more prominent in the younger age group . These findings collectively highlight the complex interplay of gender and age in shaping risk-taking behaviors over the lifespan.

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Journal Article•DOI Are there gender differences in young vs. aging brains under risk decision-making? An optical brain imaging study Lin Li, Lin Li, Mary Cazzell, Li Zeng, Hanli Liu - Show less +4 more 01 Aug 2017-Brain Imaging and Behavior 18 Citations	Gender-age interactions in risk-taking vary over the lifespan, with older adults showing reduced risk-taking and gender differences observed in young adults but not in older adults, as per the study findings.
Open access•Journal Article Risk Taking in Financial Decisions as a Function of Age, Gender: Mediating Role of Loss Aversion and Regret Muskaan Arora, Santha Kumari - Show less +1 more 01 Jan 2015-International journal of applied psychology 32 Citations	Gender and age significantly influence risk taking ability through loss aversion and regret, indicating a substantial interaction in financial decisions over the lifespan.
Open access The Impact of Gender and Age on Risk-Taking Attitudes Weinan Sun 01 Jan 2015 1 Citations	Gender differences in risk-taking attitudes diminish for younger age groups, indicating a decreasing gender-age interaction in risk-taking over the lifespan, as per the study findings.
Journal Article•DOI Risk-Taking Differences Across the Adult Life Span: A Question of Age and Domain Jonathan J. Rolison, Yaniv Hanoch, Stacey Wood, Pi-Ju Liu - Show less +3 more 01 Nov 2014-Journals of Gerontology Series B-psychological Sciences and Social Sciences 194 Citations	Gender-age interactions in risk-taking vary across domains. Men show steeper reduction in financial risk-taking with age, while women exhibit sharper decline in social risk-taking. Gender differences diminish in later life.
Journal Article•DOI Risk taking in the context of financial advice: does gender interaction matter? Jérôme Monne, Janette Rutterford, Dimitris P. Sotiropoulos - Show less +2 more 20 Apr 2023-European Journal of Finance	Not addressed in the paper.

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