The Impact of Menstrual Cycle Phase on Economic Choice and Rationality.

ABSTRACT: It is well known that hormones affect both brain and behavior, but less is known about the extent to which hormones affect economic decision-making. Numerous studies demonstrate gender differences in attitudes to risk and loss in financial decision-making, often finding that women are more loss and risk averse than men. It is unclear what drives these effects and whether cyclically varying hormonal differences between men and women contribute to differences in economic preferences. We focus here on how economic rationality and preferences change as a function of menstrual cycle phase in women. We tested adherence to the Generalized Axiom of Revealed Preference (GARP), the standard test of economic rationality. If choices satisfy GARP then there exists a well-behaved utility function that t

SUBMITTER: Lazzaro SC 

PROVIDER: S-EPMC4732761 | biostudies-literature | 2016

REPOSITORIES: biostudies-literature