Centre for Decision Research and Experimental Economics

CeDEx Seminar - Nikos Nikiforakis (NYU Abu Dhabi)

via Zoom
Wednesday 1st December 2021 (14:00-15:00)

Overlooked no more: race, ethnicity, gender and psychological attributes


Psychological attributes such as an individual’s willingness to engage in competition and take risks have received considerable attention by social scientists and policy makers alike as they individually predict income and educational attainment. The evidence concerning these attributes, however, is typically obtained from white (non-Hispanic) samples thus raising two questions: (i) To what extent are there racial/ethnic differences in these attributes? (ii) Can these differences (if any) help account for income differences between whites and non-whites? We recruit a large sample of the US working population. The sample is stratified by race/ethnicity and gender, which allows us to obtain precise estimates for each race/ethnicity – gender group. We collect a wealth of information including different measures of competitiveness, overconfidence, and risk attitudes, as well as information on education, other demographics, and individual incomes. We find substantial racial/ethnic differences between Whites and people of color (Blacks and Hispanic) in all psychological attributes. We also find that these attributes individually predict income and educational attainment.  

Centre for Decision Research and Experimental Economics

Sir Clive Granger Building
University of Nottingham
University Park
Nottingham, NG7 2RD

telephone: +44 (0)115 951 4763
Enquiries: suzanne.robey@nottingham.ac.uk
Experiments: cedex@nottingham.ac.uk