Role of Gender in Risk - Taking: Insights from Gaming - Based Decision Making

The research project investigates how gender influences risk aversion and gaming -related decision making. A sample offifteen people, ages 24 to 47, from the Delhi -NCR area are used in the study.Five games, each with two rounds, were intended for the players to play.Male and female participants engaged in a bidding process wherein financial gains and losses were decided by strategic decisions.The study's findings indicate that men were more daring and regularly placed higher bids, whereas women were more conservative and adjusted their offers to minimize losses.In addition to winning more games, male players also lost more games on occasion.The study demonstrates the fascinating role that gender plays in risk -taking behaviors, which has implications for comprehending patterns of economic decision making.

Authors

Publication Details

Journal
International Journal of Science and Research (IJSR)
Published
2024-09-05
DOI
https://doi.org/10.21275/sr24906191553
Primary Topic
Leadership, Behavior, and Decision-Making Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Role of Gender in Risk - Taking: Insights from Gaming - Based Decision Making

Prabhmeet Kaur
International Journal of Science and Research (IJSR)
Leadership, Behavior, and Decision-Making Studies
article

Role of Gender in Risk - Taking: Insights from Gaming - Based Decision Making

Prabhmeet Kaur
article en

Abstract

The research project investigates how gender influences risk aversion and gaming -related decision making. A sample offifteen people, ages 24 to 47, from the Delhi -NCR area are used in the study.Five games, each with two rounds, were intended for the players to play.Male and female participants engaged in a bidding process wherein financial gains and losses were decided by strategic decisions.The study's findings indicate that men were more daring and regularly placed higher bids, whereas women were more conservative and adjusted their offers to minimize losses.In addition to winning more games, male players also lost more games on occasion.The study demonstrates the fascinating role that gender plays in risk -taking behaviors, which has implications for comprehending patterns of economic decision making.

International Journal of Science and Research (IJSR)Vol. 13(9)
Gender equality
Openalex Percentile: Top 81%
Leadership, Behavior, and Decision-Making Studies
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