Publication: Taste-Based Gender Favouritism in High-Stake Decisions: Evidence from the Price is Right
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Date
2024
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Oxford University Press
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Abstract
Gender discrimination is present across various fields,but identifying the underlying mechanism is challenging. We demonstrate own-gender favouritism in a field setting that allows for clean identification of tastes versus beliefs: the One Bid game on the TV show The Price Is Right. Players must guess an item's value without exceeding it,leaving the last bidder with a dominant 'cutoff' strategy of overbidding another player by $ 1. We show that last bidders are significantly more likely to cut off opposite-gender opponents. This behaviour is explained by own-gender favouritism rather than beliefs that cutting off opposite-gender opponents is more profitable. © 2023 The Author(s). Published by Oxford University Press on behalf of Royal Economic Society.
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Attribution 4,0 International
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IE Business School
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Citation
Atanasov, P., Dana, J. D., & Klein Teeselink, B. (2024). Taste-Based Gender Favouritism in High-Stake Decisions: Evidence from The Price is Right. The Economic Journal, 134(658), 856-883.