Study: Women are more sensitive to the pain of loss than men
Study: Women are more sensitive to the pain of loss than men
A British study showed that women are less willing to take risks because they are more sensitive to the pain of loss than men.
The study, entitled “Differences between the two genders in terms of optimism, dislike of loss, and behaviors towards risk,” showed that men are more optimistic than women, which makes them more willing to take risks.
The study relied on data from 13,575 people from the UK British Household Panel survey, which aims to measure the impact of the difference in average family income from year to year on the psychological well-being of the respondents.
The study showed that the feeling of loss of income is more painful for women than for men, while income increases do not lead to differences in psychological responses between the sexes.
Professor of Economics at Bath University of Management in England and co-researcher of the study, Chris Dawson, said that these results are important, and may help explain the results of performance between the two sexes in the various work sectors and in the financial markets.
He explained in statements to the “Medical Express” website, which specializes in scientific research, that it is widely known in various fields that men are more willing to take risks than women, and the reason for the difference is due to the way the sexes view the consequences of these risks.
He added that when considering choices that involve risk, people tend to evaluate the potential for loss associated with these choices, and it is believed that women are less willing to take risks than men because they focus on the potential for loss, and the pain that these potential losses may entail.