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The Impact of Role Models on Women’s Self-Selection into Competitive Environments

Author

Listed:
  • Kristina Meier

    (University of Mannheim, 68131 Mannheim, Germany)

  • Alexandra Niessen-Ruenzi

    (University of Mannheim, L9, 1-2, 68131 Mannheim, Germany)

  • Stefan Ruenzi

    (University of Mannheim, 68131 Mannheim, Germany)

Abstract

In this paper, we show that competitive female role models reduce women’s perceived stereotype threat and increase their willingness to compete. Competitive male role models have the opposite effect: they reduce women’s willingness to compete, and the gender gap in tournament entry increases. Results are strongest for the best performing women who would benefit most from competing. Role models have no impact on low performing women, and on men.

Suggested Citation

  • Kristina Meier & Alexandra Niessen-Ruenzi & Stefan Ruenzi, 2024. "The Impact of Role Models on Women’s Self-Selection into Competitive Environments," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 14(02), pages 1-28, June.
    • Handle: RePEc:wsi:qjfxxx:v:14:y:2024:i:02:n:s2010139224400019
    DOI: 10.1142/S2010139224400019
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    More about this item

    Keywords

    Gender; competition; role models; stereotypes;
    All these keywords.

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • C9 - Mathematical and Quantitative Methods - - Design of Experiments

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