Date of Graduation

Spring 5-31-2024

Document Type


Degree Name

Master of Science in International and Development Economics (MSIDEC)


College of Arts and Sciences



First Advisor

Alessandra Cassar



The decades-long literature pertaining to gender-specific preferences lies at the intersection of economics and psychology with a primary focus on the correlation between economic development and gender-specific preferences. Better understanding of this correlation has helped researchers understand how individuals make decisions for their education, finances, and occupation. Falk & Hermle (2018) assess the correlation between GDP and various gender-specific preferences including trust, risk, altruism, and reciprocity. In order to better understand the relationship between economic development and gender-specific preferences, I expand on the Falk & Hermle 2018 framework by introducing new macroeconomic, prosocial, and cultural variables as additional explanatory indicators across 76 countries. Utilizing the 2012 Global Preferences Survey, I create Ordinary Least Squares models to analyze the strength of the correlation between GDP as the key indicator for economic development and the gender-specific preferences of trust, risk-taking, altruism, and reciprocity by controlling for additional explanatory variables: labor force participation, personal care, and tightness score.