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A randomized trial of the effect of estrogen and testosterone on economic behavior.


ABSTRACT: Existing correlative evidence suggests that sex hormones may affect economic behavior such as risk taking and reciprocal fairness. To test this hypothesis we conducted a double-blind randomized study. Two-hundred healthy postmenopausal women aged 50-65 years were randomly allocated to 4 weeks of treatment with estrogen, testosterone, or placebo. At the end of the treatment period, the subjects participated in a series of economic experiments that measure altruism, reciprocal fairness, trust, trustworthiness, and risk attitudes. There was no significant effect of estrogen or testosterone on any of the studied behaviors.

SUBMITTER: Zethraeus N 

PROVIDER: S-EPMC2666090 | biostudies-literature | 2009 Apr

REPOSITORIES: biostudies-literature

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A randomized trial of the effect of estrogen and testosterone on economic behavior.

Zethraeus Niklas N   Kocoska-Maras Ljiljana L   Ellingsen Tore T   von Schoultz Bo B   Hirschberg Angelica Lindén AL   Johannesson Magnus M  

Proceedings of the National Academy of Sciences of the United States of America 20090406 16


Existing correlative evidence suggests that sex hormones may affect economic behavior such as risk taking and reciprocal fairness. To test this hypothesis we conducted a double-blind randomized study. Two-hundred healthy postmenopausal women aged 50-65 years were randomly allocated to 4 weeks of treatment with estrogen, testosterone, or placebo. At the end of the treatment period, the subjects participated in a series of economic experiments that measure altruism, reciprocal fairness, trust, tru  ...[more]

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