Using lab and online experiments with more than 2000 participants this work documents that women are less prone than men to compete against others, but equally willing to challenge themselves to improve and compete with their own past performance. The authors further explore the roles of risk attitudes and confidence and suggest that these factors can account for why there is a gender difference in the willingness to enter other-competitions, but not self-competitions. The effects are driven observability by single male peers.
Johanna Mollerstrom, Professor of Economics, Humboldt University, Department Head, "Competition and Consumers", DIW Berlin
