Deck 2: Do Men and Women Invest Differently; Brain Function and Financial Decisions

Question 1

What is the difference between biological sex differences and gender societal norms? How does this relate to nature versus nurture?

Answer 1

Biological sex refers to an individual's genetics (i.e., nature) of being born male or female. It also refers to biological differences due to genetics such as men having higher testosterone levels. Gender norms refers to boys and girls being raised differently and have different expectations on how they are supposed to behave (i.e., nurture).

Question 2

What does experimental research report when examining differences in risk aversion between men and women?

Answer 2

Men consistently take more financial risk than women.

Question 3

What is the investing difference between men and women shown in retirement accounts?

Answer 3

Women allocate less toward the equity asset class in their retirement portfolios than do men.

Question 4

How do men and women invest differently? What explanations do researchers have for these findings?

Question 5

What gender differences are there between men and women business executives?

Question 6

How does financial sophistication vary among men and women?

Question 7

What are the roles of the frontal lobe, amygdala, nucleus accumbens, dopamine, and serotonin?

Question 8

What is the difference between brain automatic and controlled processes?

Question 9

How do the frontal lobe, amygdala, and nucleus accumbens relate to financial decisions?

Question 10

How are the dopamine receptor, serotonin transporter, and monoamine oxidase enzyme related to financial decisions?