2024-03-28T16:14:01Zhttp://digital.csic.es/dspace-oai/requestoai:digital.csic.es:10261/1123402019-03-25T14:08:05Zcom_10261_58com_10261_7col_10261_437
The Impact of Advice on Selection into Competition
Brandts, Jordi
Groenert, Valeska
Rott, Christina
gender gap in competitiveness
Advice
experiments
Comunicación presentada en European Economic Association & Econometric Society. 2012 Parallel Meetings, celebrada del 27 al 31 de agosto de 2012 en Málaga (España)
We conduct a laboratory experiment, in which subjects decide whether to enter a tournament, in which they have to perform a real effort task. In one treatment subjects receive advice on whether to participate in the tournament. Advice is given by subjects who have already had some experience with the same decision and have some informational advantage. We show that advice significantly improves the entry decision of subjects. The total costs of wrong entry decisions go significantly down and the payoffs of those who receive advice go up. This is mainly driven by the fact that high ability women enter the tournament significantly more often while low ability men enter significantly less often. Though the gender gap in tournament entry is reduced, it still persists. Overall, advice given tends to be ‘good’ advice. Finally, we find that women are slightly more hesitant than men to advice entry into tournament.
Peer Reviewed
2015-03-13T11:42:32Z
2015-03-13T11:42:32Z
2012-08-29
2015-03-13T11:42:33Z
comunicación de congreso
http://purl.org/coar/resource_type/c_5794
European Economic Association & Econometric Society. 2012 Parallel Meetings
http://hdl.handle.net/10261/112340
open