Gender, beliefs and coordination with externalities
In this seminar, Professor Philip Grossman from Monash University will speak about how the gender composition of groups affects choices and beliefs.
Many important decisions within organisations are made by groups, such as committees or boards. A substantial fraction of these decisions affect external parties.
In this seminar, Professor Philip Grossman will examine a laboratory experiment of how the gender composition of three-person groups affects choices and beliefs in a coordination game with selfish and prosocial balance. He will share findings that women prefer not to impose negative externalities on others, more so than men.
Both men and women strongly believe that women will make choices that are kinder to external parties, in line with the observed difference in prosocial choices across genders. Analysis of the verbal communications prior to coordination game choices reveals that women more frequently express concerns for the external party’s welfare and less frequently mention money.
The results from this research have implications for public policies intending to increase the gender diversity and female representation on decision-making committees in the corporate sector, in politics, and in academia.