Do risk and time preferences have biological roots?

Andreas C. Drichoutis*, Rodolfo M. Nayga

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    29 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

    Bibliographical note

    Publisher Copyright:
    © 2015 by the Southern Economic Association.

    ASJC Scopus subject areas

    • Economics and Econometrics

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