Inequality aversion and altruism in bargaining experiments: The effect of gender

This paper examines gender-related inequality aversion, altruism and the effect of gender on decision-making using ultimatum and dictator experiments. A triple-anonymous design was incorporated into the experiments by excluding monetary payments in order to eliminate any aspect of social pressure that the experimenter may exert by exchanging money with the subjects. The absence of social pressure allows for observation of gender differences in economic behavior. Results show that there is a sharp difference between genders. Women are more likely to give larger amounts than men indicating that altruism does vary depending on gender. Also, inequality aversion appears to be more prominent in women\u27s behavior than in man\u27s behavior. However, the difference between men and women in this respect is slight