The COVID-19 pandemic increased the risk of travelling, working, and participating in public events. To test whether there were gendered differences in the response to COVID-19, we examine the behavior of male and female professional tennis players. We use data from major tennis tournaments which included a rather large number of athletes withdrawing from play. After controlling for past performance, wealth, and other relevant player attributes, we find that female tennis players were more likely to withdraw. This suggests that high-earning women may have greater risk aversion, especially related to COVID-19, than their male counterparts. Importantly, women were more risk-averse when it comes to international travel.
This paper studies the effect of fan attendance on home field advantage in top European soccer leagues. We exploit exogenous variation in the level of fan attendance driven by COVID-19 mitigation policies and find that the home field advantage, as measured by home minus away (expected) goals, is reduced by more than 50% across the English Premier League, German Bundesliga, Italian Serie A, and Spanish La Liga. This leads to a decrease in probability for a home win, indicating that these goals are pivotal with respect to match outcomes.