Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/58389
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dc.contributor.authorPearson, Matthewen_US
dc.contributor.authorSchipper, Burkharden_US
dc.date.accessioned2012-06-07en_US
dc.date.accessioned2012-06-12T13:33:56Z-
dc.date.available2012-06-12T13:33:56Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/58389-
dc.description.abstractIn an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values and 400 participants, we collected information on the female participants' menstrual cycles and the use of hormonal contraceptives. We find that naturally cycling women bid significantly higher than men and earn significantly lower profits than men except during the midcycle when fecundity is highest. We suggest an evolutionary hypothesis according to which women are predisposed by hormones to generally behave more riskily during their fecund phase of their menstrual cycle in order to increase the probability of conception, quality of offspring, and genetic variety. We also find that women on hormonal contraceptives bid significantly higher and earn substantially lower profits than men. This may be due to progestins contained in hormonal contraceptives or a selection effect. We discuss how our study differs from Chen, Katuscak, and Ozdenoren (2009).en_US
dc.language.isoengen_US
dc.publisher|aDep. of Economics, Univ. of California |cDavis, Calif.en_US
dc.relation.ispartofseries|aWorking Papers, University of California, Department of Economics |x11,10en_US
dc.subject.jelC72en_US
dc.subject.jelC91en_US
dc.subject.jelC92en_US
dc.subject.jelD44en_US
dc.subject.jelD81en_US
dc.subject.jelD87en_US
dc.subject.ddc330en_US
dc.subject.keywordHormonesen_US
dc.subject.keywordMenstrual cycleen_US
dc.subject.keywordGenderen_US
dc.subject.keywordFecundityen_US
dc.subject.keywordContraceptivesen_US
dc.subject.keywordPillen_US
dc.subject.keywordFirst-price auctionen_US
dc.subject.keywordRisk behavioren_US
dc.subject.keywordCompetitionen_US
dc.subject.keywordBiddingen_US
dc.subject.keywordEndocrinological economics.en_US
dc.titleMenstrual cycle and competitive biddingen_US
dc.typeWorking Paperen_US
dc.identifier.ppn717283119en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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