European Business Schools Librarian's Group

Department of Economics Working Papers,
Vienna University of Economics and Business, Department of Economics

No 281: Do male managers increase risk-taking of female teams? Evidence from the NCAA

René Böheim (), Christoph Freudenthaler () and Mario Lackner ()
Additional contact information
René Böheim: Department of Economics, Vienna University of Economics and Business
Christoph Freudenthaler: Department of Economics, Johannes Kepler University Linz
Mario Lackner: Department of Economics, Johannes Kepler University Linz

Abstract: We analyze the effect of the coach's gender on risk-taking in women sports teams using data taken from National Collegiate Athletic Association (NCAA) basketball games. We find that the coach's gender has a sizable and significant effect on risk-taking, a finding that is robust to several empirical strategies, including an instrumental variable approach. In particular, we find that risk-taking among teams with a male head coach is 5 percentage points greater than that in teams with a female head coach. This gap is persistent over time and across intermediate game standings. The fact that risk-taking has a significantly positive effect on game success suggests that female coaches should be more risk-taking.

Keywords: risk-taking, gender difference, NCAA

JEL-codes: J16; J44 March 2019

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