We examine whether men and women of the same ability differ in their selection into a competitive environment. Participants in a laboratory experiment solve a real task, first under a non-competitive piece rate and then a competitive tournament incentive scheme. Although there are no gender differences in performance, men select the tournament twice as much as women when choosing their compensation scheme for the next performance. While seventy-three percent of the men select the tournament only thirty-five percent of the women make this choice. This gender gap in tournament entry is not explained by performance and factors such as risk and feedback aversion only play a negligible role. Instead the tournament-entry gap is driven by men being more overconfident and by gender differences in preferences for performing in a competition. The result is that women shy away from competition and men embrace it. * We thank Scott Kinross, who conducted all the experiments reported in this paper, for his excellent research assistance. We thank the editors and the referees who helped us improve the paper. We also

We study gender differences in altruism by examining a modified dictator game with varying incomes and prices. Our results indicate that the question “which is the fair sex?” has a complicated answer—when altruism is expensive, women are kinder, but when it is cheap, men are more altruistic. That is, we find that the male and female “demand curves for altruism” cross, and that men are more responsive to price changes. Furthermore, men are more likely to be either perfectly selfish or perfectly selfless, whereas women tend to be “equalitarians” who prefer to share evenly.