The Gender Difference in the Value of Winning

18 Pages Posted: 6 Aug 2015 Last revised: 15 Apr 2021

See all articles by Zhuoqiong Chen

Zhuoqiong Chen

Harbin Institute of Technology - Shenzhen Graduate School

David Ong

Jinan University-University of Birmingham Joint Institute

Roman M. Sheremeta

Case Western Reserve University

Date Written: June 1, 2015

Abstract

We design an all-pay auction experiment in which we reveal the gender of the opponent. Using this design, we find that women bid higher than men, but only when bidding against other women. These findings, interpreted through a theoretical model incorporating differences in risk attitude and the value of winning, suggest that women have a higher value of winning than men.

Keywords: experiments, all-pay auction, competitiveness, gender differences

JEL Classification: C91, J3, J7

Suggested Citation

Chen, Zhuoqiong and Ong, David and Sheremeta, Roman M., The Gender Difference in the Value of Winning (June 1, 2015). Economics Letters, 137, 226-229, 2015, DOI: 10.1016/j.econlet.2015.10.006, Available at SSRN: https://ssrn.com/abstract=2639908 or http://dx.doi.org/10.2139/ssrn.2639908

Zhuoqiong Chen

Harbin Institute of Technology - Shenzhen Graduate School ( email )

Room 301A, Building B, HITSZ campus
University Town of Shenzhen
Shenzhen, Guangdong 518055
China

David Ong

Jinan University-University of Birmingham Joint Institute ( email )

Jinan University
University City, Panyu
Guangzhou, Guangdong 510632
China

HOME PAGE: http://https://birmingham.jnu.edu.cn/

Roman M. Sheremeta (Contact Author)

Case Western Reserve University ( email )

10900 Euclid Ave.
Cleveland, OH 44106
United States

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