Testosterone/Risk Aversion

[mickeyd]

I always wondered about the differences in how DW and I view our equity position of our AA as well as family moves over the years. This study may indicate the reason(s).

"This is the first study showing that gender differences in financial risk aversion have a biological basis, and that differences in testosterone levels between individuals can affect important aspects of economic behavior and career decisions," said Dario Maestripieri, a professor in comparative human development at the University of Chicago. "That the effects of testosterone on risk aversion are strongest for individuals with low or intermediate levels of this hormone is similar to what has been shown for the effects of testosterone on spatial cognition."

"This study has significant implications for how the effects of testosterone could impact actual risk-taking in financial markets, because many of these students will go on to become major players in the financial world," said Zingales. "Furthermore, it could shed some light on gender differences in career choices. Future studies should further explore the mechanisms through which testosterone affects the brain."

Testosterone May Affect Financial Risk Aversion

 

[freebird5825]

Add that study to the survey referenced here
http://www.early-retirement.org/forums/f27/pull-my-finger-41839.html

and what do you get?

These gender based studies are always amusing. I enjoyed the read.