Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/37473
Title: 

Testosterone, Honesty, and Status

Authors: 
Wibral, Matthias
Falk, Armin
Ortner, Georgia
Dohmen, Thomas
Weber, Bernd
Year of Publication: 
2010
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Trust, Honesty, and Reputation: Neuroeconomic Evidence C5-V2
Abstract: 
Testosterone has been linked to status-related behaviors in animals. A similar link has been proposed for humans, but most evidence is correlative. We test this link in a double-blind experiment in which subjects either receive testosterone or a placebo. Subjects roll a die in private and report the outcome. Payment increases with self-reported outcome. The experimenter only observes the self-reported outcome. Therefore subjects have an incentive to misreport. However, reporting a high number also threatens status, status concerned individuals may therefore report more honestly. We observe cheating in both groups, but placebo subjects report higher numbers than their testosterone counterparts.
JEL: 
C91
D89
C99
Document Type: 
Conference Paper

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