Do risk and time preferences have biological roots?

Andreas C. Drichoutis, Rodolfo M. Nayga, Jr

Research output: Contribution to journalArticle

14 Citations (Scopus)

Abstract

We revisit the claims about the biological underpinnings of economic behavior by specifically exploring if observed gender differences in risk/time preferences can be explained by natural fluctuations in progesterone/estradiol levels during the menstrual cycle and by prenatal exposure to testosterone and estrogen levels. We find no effect of the menstrual cycle (and thereby, of associated fluctuations in progesterone and estradiol levels) or of the digit ratio on either risk or time preferences.

Original languageEnglish
Pages (from-to)235-256
Number of pages22
JournalSouthern Economic Journal
Volume82
Issue number1
DOIs
Publication statusPublished - 2015 Jul 1

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Fluctuations
Estradiol
Time preference
Progesterone
Risk preferences
Menstrual cycle
Estrogen
Economic behaviour
Gender differences
Testosterone

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Do risk and time preferences have biological roots? / Drichoutis, Andreas C.; Nayga, Jr, Rodolfo M.

In: Southern Economic Journal, Vol. 82, No. 1, 01.07.2015, p. 235-256.

Research output: Contribution to journalArticle

Drichoutis, Andreas C. ; Nayga, Jr, Rodolfo M. / Do risk and time preferences have biological roots?. In: Southern Economic Journal. 2015 ; Vol. 82, No. 1. pp. 235-256.
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