Risky Business

Women with more testosterone tend to be less risk averse when taking financial risks, according to a University of Chicago study of more than 500 MBA male and female students. Asked to choose between a guaranteed monetary award or a risky lottery with a higher potential payout, women with higher levels of testosterone were almost seven times more likely to take risks that women with lower levels of

Women with more testosterone tend to be less risk averse when taking financial risks, according to a University of Chicago study of more than 500 MBA male and female students. Asked to choose between a guaranteed monetary award or a risky lottery with a higher potential payout, women with higher levels of testosterone were almost seven times more likely to take risks that women with lower levels of the hormone. Also, single individuals had higher levels of testosterone than married men and women.

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