| 60% | 60% | 70% | 90% |
|
|
|
|
|
| More averse to making a loss | Tend to give unlikely scenarios higher probabilities | Community minded | Honest |
| 90% | 100% | 100% |
|
|
|
|
| Altruistic to others | Feels regret strongly | Reciprocal generosity to others |
= 10% of papers found that women display higher levels of this behaviour than men
Source: C. Biener, A. Waeber and L Zou, “Heterogeneity in Behavioral Biases – A Review of the Literature”, from the Institute of Insurance Economics at the University of St. Gallen, report commissioned by Swiss Re Institute