Pearson, Matthew and Schipper, Burkhard C (2009): Menstrual cycle and competitive bidding.
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In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we collected information on the female participants' menstrual cycles. We find that women bid significantly higher than men in their menstrual and premenstrual phase but do not bid significantly different in other phases of the menstrual cycle. We suggest an evolutionary hypothesis according to which women are genetically predisposed by hormones to generally behave more riskily during their fertile phase of their menstrual cycle in order to increase the probability of conception, quality of offspring, and genetic variety. Our finding is in contrast to results by Chen, Katuscak and Ozdenoren (2005, 2009).
|Item Type:||MPRA Paper|
|Original Title:||Menstrual cycle and competitive bidding|
|Keywords:||hormones; menstrual cycle; gender; likelihood of conception; first price auction; risk behavior; competition; bidding; endocrinological economics|
|Subjects:||D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D81 - Criteria for Decision-Making under Risk and Uncertainty
C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C92 - Laboratory, Group Behavior
D - Microeconomics > D4 - Market Structure, Pricing, and Design > D44 - Auctions
C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C72 - Noncooperative Games
C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C91 - Laboratory, Individual Behavior
D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D87 - Neuroeconomics
|Depositing User:||Burkhard C Schipper|
|Date Deposited:||14. Aug 2009 15:57|
|Last Modified:||26. Feb 2015 07:52|
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