Illusion of Control: Does Gender Matter?
6 Pages Posted: 23 Sep 2010
Date Written: September 22, 2010
This paper tests the illusion of control in a lab experiment. We test the phenomena with undergraduate students and find little evidence of systematic differences due to gender. These results suggest that cultural differences may play a role and that generalization using lab experiments should be taken with caution.
Keywords: Behavioral Finance, Illusion of Control, Irrationality
JEL Classification: C91
Suggested Citation: Suggested Citation