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Gender, race, and entrepreneurship: A randomized field experiment on investors

papers.ssrn.com

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Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#21
post #5
post #3

Earlier quoted context omitted.

>Our results suggest that investors do not discriminate against female or Asian entrepreneurs when evaluating unsolicited pitch emails... Are they implying that investors do discriminate against non-Asian males? Why write it the other way around.

> Why write it the other way around. Maybe that's how the hypothesis under test was phrased?

Indeed, reading further into the article they seem to be trying to answer, “At what stage in the funding pipeline do VCs become biased against women?”.

It’s interesting that they don’t entertain the possibility that the gap might be caused by something other than bias (at least so far... I’m only 6 pages in). For example:

> Combating bias requires understanding how and where it manifests. Combating bias requires understanding how and where it manifests. In light of the substantial gender imbalance in real-world investments, our results suggest a larger-than-expected bias against female entrepreneurs in other settings.

They seem to be trying to combat bias without having even established that bias is the cause. Indeed, they take the statistically significant discrimination in favor of women in the initial stage as evidence that there must be even more bias against women in later stages.

Given that they haven’t cited any research that would explain why it must be bias and not some other factor, I wonder why the paper is written with this assumption? Perhaps the authors felt it would be poorly received if it so much as kept an open mind about other possible causes? Or maybe this is just common knowledge in the field?

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#22
post #15

Earlier quoted context omitted.

This is the main problem. It’s hard. We could fix it if we were despotic and put people into tracks like the USSR who turned out lots of talented women in STEM, but were not and Film, TV and YT, etc highlight the easy life of glamour and fame, etc. So you end up with a million wanna be starlets and fewer women in STEM than statistics would have. Let “Hollywood” glamorize STEM, propagandize it and you’ll get a better…

Why exactly is it a problem if people are CHOOSING to do something on their own accord? Other than the political gestapo having to swallow their pride, I don't see freedom of career choice as a negative.

Because it’s somewhat artificial given Hollywood’s propaganda that glamorizes triviality, laziness and starlet glamour, etc.

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#23
post #8
post #6

Earlier quoted context omitted.

The whole thing is written from the assumption that investors discriminate against women and nonwhites, and that the purpose of research is to confirm this pre-existing belief, rather than find out the objective truth. > [..] future research on investor biases should focus on networks and in-person interactions. Read: the results contradicted our hypothesis, so rather than update our hypothesis, let's shift the focus…

This is exactly how science should work. You can't perform a study, look at the data and pick a result that suits your bias. You're supposed to suggest a hypothesis, and conduct your experiment. If the results contradict your hypothesis, it doesn't mean the opposite of your hypothesis is true, simply that your hypothrsis was false, and that's ok. It's also more impressive that they have simply published their results…

I also think that the average reader of such an article can make the inference themselves.

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#24

Same thing with job applications: "In an attempt to increase workplace diversity, the Australian public service implemented a .. trial removing all mention of gender and ethnicity from applications. It was found that removing gender from thousands of applications made women less likely to advance through the recruitment process compared to cases where gender was visible. The trial found that a woman's name on an appl…

Nobody prevents Indian women to apply for H1B jobs in US.

> Its counter-productive to institute gender and diversity requirements at (tech) companies, where the core problem is at the fundamental immigration level.

I don't see anything counterproductive in blind recruitment. It's a normal practice, along with randomizing resume review in a few big companies in places like India, or China exactly because the issue of nepotism, bigotry, casteism, classism, and people slipping their university fraternity members into the company is so severe there.

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#25
post #15

Earlier quoted context omitted.

This is the main problem. It’s hard. We could fix it if we were despotic and put people into tracks like the USSR who turned out lots of talented women in STEM, but were not and Film, TV and YT, etc highlight the easy life of glamour and fame, etc. So you end up with a million wanna be starlets and fewer women in STEM than statistics would have. Let “Hollywood” glamorize STEM, propagandize it and you’ll get a better…

Why exactly is it a problem if people are CHOOSING to do something on their own accord? Other than the political gestapo having to swallow their pride, I don't see freedom of career choice as a negative.

Some people want to sell their solution, so obviously they are looking for a problem.

There is a lot of opportunity in the diversity industry, even though things like diversity training do not seem to have any effect, not even shielding companies from lawsuits.

https://www.psychologytoday.com/us/blog/how-we-work/201203/d...

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#26
post #8
post #6

Earlier quoted context omitted.

The whole thing is written from the assumption that investors discriminate against women and nonwhites, and that the purpose of research is to confirm this pre-existing belief, rather than find out the objective truth. > [..] future research on investor biases should focus on networks and in-person interactions. Read: the results contradicted our hypothesis, so rather than update our hypothesis, let's shift the focus…

This is exactly how science should work. You can't perform a study, look at the data and pick a result that suits your bias. You're supposed to suggest a hypothesis, and conduct your experiment. If the results contradict your hypothesis, it doesn't mean the opposite of your hypothesis is true, simply that your hypothrsis was false, and that's ok. It's also more impressive that they have simply published their results…

> If the results contradict your hypothesis, it doesn't mean the opposite of your hypothesis is true, simply that your hypothrsis was false, and that's ok.

I don’t think the parent was arguing that the paper should claim the opposite is true, but perhaps recognizing that the findings support the opposite hypothesis, concretely that men and non-Asians are discriminated against in early stage investment pitches. Of course, a perfectly valid response might be, “that is unconventional in these kinds of papers” (I don’t know).

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#27

Same thing with job applications: "In an attempt to increase workplace diversity, the Australian public service implemented a .. trial removing all mention of gender and ethnicity from applications. It was found that removing gender from thousands of applications made women less likely to advance through the recruitment process compared to cases where gender was visible. The trial found that a woman's name on an appl…

These type of studies were performed after years and years of efforts to push for a more diversified work force. I’d be interested if their is a way to do a comparison with years prior and see if and when a shift started happening.

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#28
post #14

Same thing with job applications: "In an attempt to increase workplace diversity, the Australian public service implemented a .. trial removing all mention of gender and ethnicity from applications. It was found that removing gender from thousands of applications made women less likely to advance through the recruitment process compared to cases where gender was visible. The trial found that a woman's name on an appl…

I think it’s worth noting that that finding is not universal, and other studies do find the opposite. My brief skim through Google scholar does seem to show a fairly divided field here. http://www-2.rotman.utoronto.ca/facbios/file/Whitening%20MS%... https://www.alexandria.unisg.ch/19805/1/Cole%20et%20al.%2020... https://d1wqtxts1xzle7.cloudfront.net/36436480/Gender_et_bia...

Those are from decades ago

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#29
post #24

Same thing with job applications: "In an attempt to increase workplace diversity, the Australian public service implemented a .. trial removing all mention of gender and ethnicity from applications. It was found that removing gender from thousands of applications made women less likely to advance through the recruitment process compared to cases where gender was visible. The trial found that a woman's name on an appl…

Nobody prevents Indian women to apply for H1B jobs in US. > Its counter-productive to institute gender and diversity requirements at (tech) companies, where the core problem is at the fundamental immigration level. I don't see anything counterproductive in blind recruitment. It's a normal practice, along with randomizing resume review in a few big companies in places like India, or China exactly because the issue of…

[deleted]

Re: Gender, race, and entrepreneurship: A randomized field experiment on investors

#30
post #9
post #8

Earlier quoted context omitted.

This is exactly how science should work. You can't perform a study, look at the data and pick a result that suits your bias. You're supposed to suggest a hypothesis, and conduct your experiment. If the results contradict your hypothesis, it doesn't mean the opposite of your hypothesis is true, simply that your hypothrsis was false, and that's ok. It's also more impressive that they have simply published their results…

So what if they had found bias, do they say “look we found bias!” Or do they do additional studies to make sure it’s not an aberration or improper methods?

It seems ideal if they did both of those things.

Publish and make recommendations for future research, exactly as this paper does.

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