• About Us
  • Get Insights to Your Inbox
Tuesday, June 6, 2023
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Insights@Questrom
  • Our Insights
    • All
    • Business Challenges
    • Business Education
    • Business Functions
    The Right Amount of Cards, Cash and ID to Carry in Your Wallet

    Inside the Push to Make Everyone Friends at Work

    Strategies for Onboarding in a Hybrid World

    Strategies for Onboarding in a Hybrid World

    How do sustainable supply chains improve the continuity of supply and protect the environment?

    How do sustainable supply chains improve the continuity of supply and protect the environment?

    3 Ways Boston University’s Online MBA Is A Disruptor In Business Education

    New Immigration Data Point To Larger U.S. Workforce Issues

    A Risk Management Nightmare at Silicon Valley Bank

    How CFOs are navigating the debt ceiling standoff

    Opposing scientists find no clear evidence for gender bias in academic science

    Opposing scientists find no clear evidence for gender bias in academic science

    Benefits of Supply Chain Visibility

    Benefits of Supply Chain Visibility

    The Right Amount of Cards, Cash and ID to Carry in Your Wallet

    Why Employees Hate Hot-Desking

  • Videos & Podcast
    • All
    • Podcast
    • Videos
    Leadership Communications

    Leadership Communications

    Demotivating Effects of Relative Performance Feedback on Middle-Ranked Workers’ Performance

    Demotivating Effects of Relative Performance Feedback on Middle-Ranked Workers’ Performance

    S1:E1 CVS Paying the “Pink Tax” on Certain Products and the Evolution of the Electric Vehicle Industry

    AI: What is it and how will it impact business?

    Is Creativity in Advertising Dead in the age of AI?

    Is Creativity in Advertising Dead in the age of AI?

    How Higher Ed Can Contend with Learning Platforms

    How Higher Ed Can Contend with Learning Platforms

    How Companies Deal with Disruption

    How Companies Deal with Disruption

    Money: It’s created. It’s destroyed. But what is it?

    Money: It’s created. It’s destroyed. But what is it?

    Blockchain, Beyond Crypto

    Blockchain, Beyond Crypto

    S1:E1 CVS Paying the “Pink Tax” on Certain Products and the Evolution of the Electric Vehicle Industry

    S1:E2 What the FTX?

  • Insights Events
    • Events
    • Insights Live
    • Questrom Institute Events
  • In the Media
    • All
    • BU Today
    • Global Media
    • Local Media
    • National Media
    • Op-Ed
    • The Brink
    The Right Amount of Cards, Cash and ID to Carry in Your Wallet

    Inside the Push to Make Everyone Friends at Work

    Here’s Why Experts Say Russia and China’s Attempts to ‘De-Dollarize’ Global Markets are Going Nowhere

    5 ways Russia’s been sidestepping Western sanctions and keeping its economy alive, from switching to the Chinese yuan and dabbling in ghost trades

    Strategies for Onboarding in a Hybrid World

    Strategies for Onboarding in a Hybrid World

    3 Ways Boston University’s Online MBA Is A Disruptor In Business Education

    New Immigration Data Point To Larger U.S. Workforce Issues

    A Risk Management Nightmare at Silicon Valley Bank

    How CFOs are navigating the debt ceiling standoff

    Opposing scientists find no clear evidence for gender bias in academic science

    Opposing scientists find no clear evidence for gender bias in academic science

    Ethics Professor Raises Key Questions About the Future Use of AI

    Questrom marketing researcher explores the data-tracking debate

    Ownership in AI: Who is responsible for the benefits and downsides of AI’s output?

    Ownership in AI: Who is responsible for the benefits and downsides of AI’s output?

    The Right Amount of Cards, Cash and ID to Carry in Your Wallet

    Why Employees Hate Hot-Desking

    Trending Tags

    • Publications
      • All
      • Books
      • Harvard Business Review
      • Journals
      • Sloan Management Review
      Make It Safe for Employees to Speak Up – Especially in Risky Times

      Make It Safe for Employees to Speak Up – Especially in Risky Times

      Will Generative AI Create a New Era of Search Competition?

      Will Generative AI Create a New Era of Search Competition?

      A Better Approach to Customer-Centric Messaging and Engagement

      A Better Approach to Customer-Centric Messaging and Engagement

      How Coworking Spaces Impact Employee Well-Being

      How Coworking Spaces Impact Employee Well-Being

      Will Salary Transparency Laws Change Employee Compensation?

      Will Salary Transparency Laws Change Employee Compensation?

      Heroes from Above But Not (Always) from Within? Gig workers’ reactions to the sudden public moralization of their work

      Heroes from Above But Not (Always) from Within? Gig workers’ reactions to the sudden public moralization of their work

      To Encourage Patients to Fill Prescriptions, Fix Copays

      To Encourage Patients to Fill Prescriptions, Fix Copays

      Is Tesla’s Era of Dominance Coming to an End? What Experts Say

      Is Tesla’s Era of Dominance Coming to an End? What Experts Say

      ESG Investing

      ESG Investing Isn’t Designed to Save the Planet

      Trending Tags

      Insights@Questrom
      • Our Insights
        • All
        • Business Challenges
        • Business Education
        • Business Functions
        The Right Amount of Cards, Cash and ID to Carry in Your Wallet

        Inside the Push to Make Everyone Friends at Work

        Strategies for Onboarding in a Hybrid World

        Strategies for Onboarding in a Hybrid World

        How do sustainable supply chains improve the continuity of supply and protect the environment?

        How do sustainable supply chains improve the continuity of supply and protect the environment?

        3 Ways Boston University’s Online MBA Is A Disruptor In Business Education

        New Immigration Data Point To Larger U.S. Workforce Issues

        A Risk Management Nightmare at Silicon Valley Bank

        How CFOs are navigating the debt ceiling standoff

        Opposing scientists find no clear evidence for gender bias in academic science

        Opposing scientists find no clear evidence for gender bias in academic science

        Benefits of Supply Chain Visibility

        Benefits of Supply Chain Visibility

        The Right Amount of Cards, Cash and ID to Carry in Your Wallet

        Why Employees Hate Hot-Desking

      • Videos & Podcast
        • All
        • Podcast
        • Videos
        Leadership Communications

        Leadership Communications

        Demotivating Effects of Relative Performance Feedback on Middle-Ranked Workers’ Performance

        Demotivating Effects of Relative Performance Feedback on Middle-Ranked Workers’ Performance

        S1:E1 CVS Paying the “Pink Tax” on Certain Products and the Evolution of the Electric Vehicle Industry

        AI: What is it and how will it impact business?

        Is Creativity in Advertising Dead in the age of AI?

        Is Creativity in Advertising Dead in the age of AI?

        How Higher Ed Can Contend with Learning Platforms

        How Higher Ed Can Contend with Learning Platforms

        How Companies Deal with Disruption

        How Companies Deal with Disruption

        Money: It’s created. It’s destroyed. But what is it?

        Money: It’s created. It’s destroyed. But what is it?

        Blockchain, Beyond Crypto

        Blockchain, Beyond Crypto

        S1:E1 CVS Paying the “Pink Tax” on Certain Products and the Evolution of the Electric Vehicle Industry

        S1:E2 What the FTX?

      • Insights Events
        • Events
        • Insights Live
        • Questrom Institute Events
      • In the Media
        • All
        • BU Today
        • Global Media
        • Local Media
        • National Media
        • Op-Ed
        • The Brink
        The Right Amount of Cards, Cash and ID to Carry in Your Wallet

        Inside the Push to Make Everyone Friends at Work

        Here’s Why Experts Say Russia and China’s Attempts to ‘De-Dollarize’ Global Markets are Going Nowhere

        5 ways Russia’s been sidestepping Western sanctions and keeping its economy alive, from switching to the Chinese yuan and dabbling in ghost trades

        Strategies for Onboarding in a Hybrid World

        Strategies for Onboarding in a Hybrid World

        3 Ways Boston University’s Online MBA Is A Disruptor In Business Education

        New Immigration Data Point To Larger U.S. Workforce Issues

        A Risk Management Nightmare at Silicon Valley Bank

        How CFOs are navigating the debt ceiling standoff

        Opposing scientists find no clear evidence for gender bias in academic science

        Opposing scientists find no clear evidence for gender bias in academic science

        Ethics Professor Raises Key Questions About the Future Use of AI

        Questrom marketing researcher explores the data-tracking debate

        Ownership in AI: Who is responsible for the benefits and downsides of AI’s output?

        Ownership in AI: Who is responsible for the benefits and downsides of AI’s output?

        The Right Amount of Cards, Cash and ID to Carry in Your Wallet

        Why Employees Hate Hot-Desking

        Trending Tags

        • Publications
          • All
          • Books
          • Harvard Business Review
          • Journals
          • Sloan Management Review
          Make It Safe for Employees to Speak Up – Especially in Risky Times

          Make It Safe for Employees to Speak Up – Especially in Risky Times

          Will Generative AI Create a New Era of Search Competition?

          Will Generative AI Create a New Era of Search Competition?

          A Better Approach to Customer-Centric Messaging and Engagement

          A Better Approach to Customer-Centric Messaging and Engagement

          How Coworking Spaces Impact Employee Well-Being

          How Coworking Spaces Impact Employee Well-Being

          Will Salary Transparency Laws Change Employee Compensation?

          Will Salary Transparency Laws Change Employee Compensation?

          Heroes from Above But Not (Always) from Within? Gig workers’ reactions to the sudden public moralization of their work

          Heroes from Above But Not (Always) from Within? Gig workers’ reactions to the sudden public moralization of their work

          To Encourage Patients to Fill Prescriptions, Fix Copays

          To Encourage Patients to Fill Prescriptions, Fix Copays

          Is Tesla’s Era of Dominance Coming to an End? What Experts Say

          Is Tesla’s Era of Dominance Coming to an End? What Experts Say

          ESG Investing

          ESG Investing Isn’t Designed to Save the Planet

          Trending Tags

          Insights@Questrom
          Home Our Insights Business Challenges

          [World Economic Forum] Gender Pay Gap: Why Attitudes to Risk Could be Making it Worse

          Patricia CortesbyPatricia Cortes
          February 13, 2022
          in Business Challenges
          15
          A A
          [World Economic Forum] Gender Pay Gap: Why Attitudes to Risk Could be Making it Worse

          February 13, 2022

          World Economic Forum recently published insight featuring Patricia Cortes, Associate Professor in Markets, Public Policy, and Law, discussing her research on the gender pay gap found in Greater Boston.

          The article elaborates on the findings of Patricia and her coauthors, based on a survey of 2,000 Boston University Questrom School of Business alumni and students from 2013 to 2019. From their research, Patricia and her colleagues discovered that risk aversion in women and overconfidence in men are two major factors that may sometimes cause the wage gap to narrow or widen. In their research, the authors explain that on average, more risk-tolerant students tend to accept jobs later, and there is a strong positive relationship between risk tolerance and accepted offer wages. Patricia elaborates on the correlation between the gender pay gap narrowing and later job offer acceptance rates by stating,

          “Men tend to be more overconfident. Overconfidence means you think you’re better than you really are. If you’re risk-averse, you don’t want the risk of ending up with no job, so you have a lower reservation wage, a [minimum acceptable] wage you have in your head. If you think you’re really good, your reservation wage is higher.”

          Patricia Cortes
          Associate Professor in Markets, Public Policy, & Law
          Read the Full Article
          Tags: Gender Pay Gapmedia mentionPatricia Cortes
          Share2Tweet1ShareShareSend
          Patricia Cortes

          Patricia Cortes

          Patricia Cortes is an Associate Professor of Markets, Public Policy, and Law at Boston University Questrom School of Business and Associate Director of the Human Capital Initiative at the Global Development Policy Center of Boston University. She is an empirical labor economist working on international migration and gender. Her work has been published in leading economic journals, such as the Journal of Political Economy, Review of Economic Studies, American Economic Journal: Applied Economics, Journal of Labor Economics, Journal of Human Resources and Journal of Health Economics. Cortes obtained her PhD in Economics from MIT and a Master’s and Bachelor’s degree in Economics from La Universidad de los Andes in Bogota, Colombia.

          Related Posts

          The Right Amount of Cards, Cash and ID to Carry in Your Wallet
          Future of Work

          Inside the Push to Make Everyone Friends at Work

          May 29, 2023
          Strategies for Onboarding in a Hybrid World
          Future of Work

          Strategies for Onboarding in a Hybrid World

          May 23, 2023
          3 Ways Boston University’s Online MBA Is A Disruptor In Business Education
          Business Policy & Markets

          New Immigration Data Point To Larger U.S. Workforce Issues

          May 22, 2023
          Opposing scientists find no clear evidence for gender bias in academic science
          Diversity, Equity & Inclusion

          Opposing scientists find no clear evidence for gender bias in academic science

          May 16, 2023
          Benefits of Supply Chain Visibility
          Business Policy & Markets

          Benefits of Supply Chain Visibility

          May 15, 2023
          The Right Amount of Cards, Cash and ID to Carry in Your Wallet
          Future of Work

          Why Employees Hate Hot-Desking

          May 13, 2023
          Ethics Professor Raises Key Questions About the Future Use of AI
          Future of Work

          Loneliness is at epidemic proportions in modern organizations. Questrom expert tells how to address it

          May 12, 2023
          3 Ways Boston University’s Online MBA Is A Disruptor In Business Education
          Business Policy & Markets

          Economists Say Increasing Immigration Will Reduce Inflation

          May 4, 2023

          Upcoming Events

          No event found!

          Get Our Insights Newsletter

          Get Insights straight to your inbox by signing up now.

            Popular Insights

            • ChatGPT producing an essay

              Ethical Implications of ChatGPT in the Educational Setting

              93 shares
              Share 37 Tweet 23
            • Do People Believe Generative AI?

              29 shares
              Share 12 Tweet 7
            • Thinkers50@BUQuestrom: Passion & Purpose

              18 shares
              Share 7 Tweet 5
            • Silicon Valley Bank: Blame and Ethics of the Failure

              38 shares
              Share 15 Tweet 10
            • [Marketplace] How much profit do fireworks stands make?

              13 shares
              Share 5 Tweet 3

            Boston University Questrom School of Business
            595 Commonwealth Avenue
            Boston, MA 02215

            Follow Us

            Newsletter

            © 2023 Trustees of Boston University

            • About Us
            • Digital Business Institute
            • Human Resource Policy Institute
            • Susilo Institute for Ethics in the Global Economy
            Generic selectors
            Exact matches only
            Search in title
            Search in content
            Post Type Selectors
            • Business Challenges
              • Business Policy & Markets
              • Digital Business
              • Diversity, Equity & Inclusion
              • Entrepreneurship & Innovation
              • Future of Work
              • Health, Biopharma, & Health-Tech
              • Risk
              • Social Impact
            • Business Functions
              • Corporate Strategy
              • Finance & Accounting
              • Innovation
              • Leadership & Management
              • Marketing
              • Operations
              • Technology
            • Publications
              • Journals
              • Harvard Business Review
              • Sloan Management Review
            • Insights Events
              • All Events
              • Insights Live
              • Questrom Institute Events
            • Videos & Podcast
              • Videos
              • Insights@Questrom Podcast
              • Podcast
            • Voices in the Media
            • Our Experts

            © 2023 Trustees of Boston University

            Welcome Back!

            Sign In with Linked In
            OR

            Login to your account below

            Forgotten Password?

            Retrieve your password

            Please enter your username or email address to reset your password.

            Log In
            Suggest Topic
            X

            Add New Playlist

            -
            00:00
            00:00

            Queue

            Update Required Flash plugin
            -
            00:00
            00:00