A (dynamic) investigation of stereotypes, belief‐updating, and behavior

Using a controlled experiment, we study the dynamic effects of feedback on decision‐making across verbal skills and math. Before feedback, men are more optimistic about their performance and more willing to compete than women, especially in math. While feedback shifts individuals' beliefs and behavior, we see substantial persistence of gender gaps 1 week later. This is particularly true among individuals who receive negative feedback. Our results are not well‐explained by motivated reasoning; in fact, negative feedback is more likely to be recalled than positive feedback. Overall, our results highlight the challenges involved in overcoming gender gaps in dynamic settings.