Do women make better decisions than men?

Referent article: "Women are better investors, and here’s why" 

While first reading this title, perhaps, we might somewhat think about whether the writer has a bias or a stereotype that women make better decision than men do. However, there are many researches support evidences that women are better at everything — including investing. For example, a study in 2009 showed that women made 1% more annually than men did. In addition, women have higher intention to make more in the market. Let’s see what reasons make women have more advantages to make decisions.

Women can be better market investors because they often play it safe and play by the rules of the investing. In other words, we can say that they have high uncertainty avoidance, and they prefer to avoid risky situations and attempt to reduce uncertainty. Mostly when they intend to invest money in property, they search on more information If they find out there is high risky or many uncertainty situations, they would rather go aside.

Furthermore, interestingly, learning from Jung’s cognitive styles, I analyze that while women make decision to invest, they may represent two obvious characteristics to be investigated; these are namely, sensing and judgment. Since instead of taking many risks and playing it uncertain, mostly they would rather sense on solid information and rules, they make many better decisions. In addition, women take serious concern with investing money as they seem to have well-organized and systematic judgment.

So analyzing those factors, taking an example, let’s say if there is a financial consultant seek female customers to invest their money, he or she need to offer positive suggestions based on solid information and benefits for customers, because women may not take higher risky nor ignore uncertainty before pouring out their money. They have more concerns with whether or not their money sinks into the sea.

Women may not take more risks on making decisions due to conservation and conscientious, while men make quick decision, I guess perhaps resulting from being prone to making intuition decisions. According to the study, people who make intuitive decisions-making, they may scan the environment for cues to recognize patterns. In other words, they would rely on their intuition and hunches, such as feelings and potential solutions based on their prior experiences. As a result, men may not tend to get good outcomes from their decisions.

Therefore, undergoing the dynamic environment, we meet lots of problems and dilemmas in our daily life that make us need to carefully make decisions. There are more unprogrammed decisions than programmed ones that we face because many problems are unique and complicated. So, beyond the implicative insights of the journalist, I would suggest men that taking several ways of using conscious thinking, gathering evidence and information, and considering alternative solutions can also make better decisions.

By Yin-Chin Huang