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I think caution is advised at applying these studies broadly, as you are doing. Not only are they done on WEIRD populations, but a limited subset of that group
by lambdaelite 11y ago
I think caution is advised at applying these studies broadly, as you are doing. Not only are they done on WEIRD populations, but a limited subset of that grouping.
- yummyfajitas 11y agoWe are discussing the career habits of WEIRD populations, right? The same pattern holds anecdotally in many other cultures I'm familiar with (Indian, southern African). Do you have any anecdotes or other evidence suggesting women are equally or more risk averse than men?
- lambdaelite 11y agoAnecdotes? Sure. My wife loves to trade options. I generally avoid them, except for buy-writes. Across investments, she enjoys taking higher risk positions than I. I can't say that gender doesn't play a role, and it would make sense if gender were a factor, but I don't see how it could be anything close to a dominant factor.
- yummyfajitas 11y agoBy "anecdote", I meant "a culture or subgroup where women are reputed to be more risk taking than men", not "an individual example". No one disputes that individual examples can probably be found in any culture, and their existence doesn't contradict my claim. ...I don't see how it could be anything close to a dominant factor. Suppose it were a dominant factor. How would the world be drastically different than it is today?