Antecedents of Inherent Preferences: Cognitive Reflection and Other Sex Differences

Shane Frederick, Yale University, USA
The "Cognitive Reflection Test" or CRT (Frederick, 2005) reveals large inherent sex differences and correlation with both time preferences and risk attitudes. Controlling for CRT affects conclusions about sex differences and informs discussion about their origins (the extent to which they are inherent vs. acquired). Specifically, after controlling for CRT, the female "advantage" in time preference widens, and the female "deficit" in risk tolerance diminishes. The data also yield the surprising result that in the domain of losses, women are more risk-seeking than men. These results are discussed by contrasting the foci of judgment and decision making literature with evolutionary biology.
[ to cite ]:
Shane Frederick (2010) ,"Antecedents of Inherent Preferences: Cognitive Reflection and Other Sex Differences", in NA - Advances in Consumer Research Volume 37, eds. Margaret C. Campbell, Jeff Inman, and Rik Pieters, Duluth, MN : Association for Consumer Research, Pages: 232-234 .