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Why can’t a woman bid more like a man?

Journal

Games and Economic Behavior

Subject

Economics

Publishing details

Games and Economic Behavior 2013 Vol 77:1 p 181-213

Authors / Editors

Chen Y;Katuscak P;Ozdenoren E

Biographies

Emre Ozdenoren

Publication Year

2013

Abstract

We investigate gender differences and menstrual cycle effects in first-price and second-price sealed-bid auctions with independent private values in a laboratory setting. We find that women bid significantly higher and earn significantly less than men do in the first-price auction, while we find no evidence of a gender difference in bidding or earnings in the second-price auction. Focusing on the first-price auction, we find that, while the gender gap in bidding and earnings persists over the entire course of the menstrual cycle, bidding of contraceptive pill users follows a sine-like pattern throughout the menstrual cycle, with higher than average bidding in the follicular phase and lower than average bidding in the luteal phase. In comparison, pill non-users have a flat bidding profile throughout the cycle.

Keywords

Gender; Menstrual cycle; Contraceptive pills; Auction; Experiment

Available on ECCH

No


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