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Does Unanimity Protect Minority Preferences? Evidence from Financial Risk-Taking in an Award-Winning Game Show
16 references·0 citing·49 second hopsampled
Does Unanimity Protect Minority Preferences? Evidence from Financial Risk-Taking in an Award-Winning Game Show (2021)Does Unanimity Protect Minority Preferenc…The Gender Wage Gap: Extent, Trends, and Explanations (2017)The Gender Wage Gap: Extent, …Board diversity, firm risk, and corporate policies (2017)Board diversity, firm risk, a…CEO gender, corporate risk-taking, and the efficiency of capital allocation (2016)CEO gender, corporate risk-ta…Beyond the Glass Ceiling: Does Gender Matter? (2011)Beyond the Glass Ceiling: Doe…Gender Differences in Preferences (2009)Gender Differences in Prefere…Forecasting risk attitudes: An experimental study using actual and forecast gamble choices (2008)Forecasting risk attitudes: A…Critical Mass: (2008)Critical Mass:Interactions Within Groups and Subgroups: The Effects of Demographic Faultlines (2005)Interactions Within Groups an…Effects of Fear and Anger on Perceived Risks of Terrorism (2003)Effects of Fear and Anger on …Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Boys will be Boys: Gender, Ov…Gender differences in risk taking: A meta-analysis. (1999)Gender differences in risk ta…Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment (1998)Boys Will Be Boys: Gender, Ov…Information Aggregation, Rationality, and the Condorcet Jury Theorem (1996)Information Aggregation, Rati…Efficient and Durable Decision Rules with Incomplete Information (1983)Efficient and Durable Decisio…Some Effects of Proportions on Group Life: Skewed Sex Ratios and Responses to Token Women (1977)Some Effects of Proportions o…An Intertemporal Capital Asset Pricing Model (1973)An Intertemporal Capital Asse…The Sociology of Georg Simmel (1950)Men and Their Work. (1959)EFFECTS OF GROUP PRESSURE UPON THE MODIFICATION AND DISTORTION OF JUDGMENTS (1961)Social Psychology of Intergroup Relations (1982)Social Identity Theory and the Organization (1989)Gender and leadership style: A meta-analysis. (1990)The Framing of Decisions and the Psychology of Choice (1981)Prospect theory: An analysis of decision under risk (1988)A power primer. (1992)Risk as feelings. (2001)Cognitive Reflection and Decision Making (2005)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)The Cross-Section of Expected Stock Returns (1992)The descent of man and selection in relation to sex (1907)In A Different Voice: Psychological Theory And Women's Development (1982)A Theory of Fairness, Competition, and Cooperation (1999)Do Women Shy Away From Competition? Do Men Compete Too Much? (2007)Judgment under Uncertainty: Heuristics and Biases (1975)Judgment under Uncertainty (1982)Perception of Risk (1987)Should We Trust Web-Based Studies? A Comparative Analysis of Six Preconceptions About Internet Questionnaires. (2004)Are Emotions Natural Kinds? (2006)Illusion and well-being: A social psychological perspective on mental health. (1988)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Learning to Be Overconfident (2001)What Makes Investors Trade? (2001)Equity Portfolio Diversification (2008)The nature of human values (1973)Universals in the Content and Structure of Values: Theoretical Advances and Empirical Tests in 20 Countries (1992)Women in the boardroom and their impact on governance and performance☆ (2009)Are Red or Blue Companies More Likely to Go Green? Politics and Corporate Social Responsibility (2012)Women on Boards and Firm Financial Performance: A Meta-Analysis (2014)A Treatise on the Family (1991)Measuring individual differences in implicit cognition: The implicit association test. (1998)Measuring individual differences in implicit cognition: The implicit association test. (1998)We Ask Men to Win and Women Not to Lose: Closing the Gender Gap in Startup Funding (2017)Children and Gender Inequality: Evidence from Denmark (2019)Handbook of Labor, Human Resources and Population Economics (2019)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Corporate socially responsible investments: CEO altruism, reputation, and shareholder interests (2014)Women on Board: Does Boardroom Gender Diversity Really Affect Firm Risk? (2014)The role of board gender and foreign ownership in the CSR performance of Chinese listed firms (2016)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)
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References

  • 1973An Intertemporal Capital Asset Pricing Model6,557 cited
  • 2009Gender Differences in Preferences5,922 cited
  • 2001Boys will be Boys: Gender, Overconfidence, and Common Stock Investment5,542 cited
  • 1999Gender differences in risk taking: A meta-analysis.3,721 cited
  • 2017The Gender Wage Gap: Extent, Trends, and Explanations3,481 cited
  • 1977Some Effects of Proportions on Group Life: Skewed Sex Ratios and Responses to Token Women3,158 cited
  • 2016CEO gender, corporate risk-taking, and the efficiency of capital allocation1,687 cited
  • 2011Beyond the Glass Ceiling: Does Gender Matter?1,659 cited
  • 2003Effects of Fear and Anger on Perceived Risks of Terrorism1,371 cited
  • 1998Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment1,219 cited
  • 1996Information Aggregation, Rationality, and the Condorcet Jury Theorem1,063 cited
  • 2017Board diversity, firm risk, and corporate policies1,038 cited
  • 2008Critical Mass:906 cited
  • 2005Interactions Within Groups and Subgroups: The Effects of Demographic Faultlines862 cited
  • 2008Forecasting risk attitudes: An experimental study using actual and forecast gamble choices840 cited

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  • 1983Efficient and Durable Decision Rules with Incomplete Information670 cited
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