Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/58389 
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dc.contributor.authorPearson, Matthewen
dc.contributor.authorSchipper, Burkhard C.en
dc.date.accessioned2012-06-07-
dc.date.accessioned2012-06-12T13:33:56Z-
dc.date.available2012-06-12T13:33:56Z-
dc.date.issued2011-
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
dc.language.isoengen
dc.publisher|aUniversity of California, Department of Economics |cDavis, CAen
dc.relation.ispartofseries|aWorking Paper |x11-10en
dc.subject.jelC72en
dc.subject.jelC91en
dc.subject.jelC92en
dc.subject.jelD44en
dc.subject.jelD81en
dc.subject.jelD87en
dc.subject.ddc330en
dc.subject.keywordHormonesen
dc.subject.keywordMenstrual cycleen
dc.subject.keywordGenderen
dc.subject.keywordFecundityen
dc.subject.keywordContraceptivesen
dc.subject.keywordPillen
dc.subject.keywordFirst-price auctionen
dc.subject.keywordRisk behavioren
dc.subject.keywordCompetitionen
dc.subject.keywordBiddingen
dc.subject.keywordEndocrinological economics.en
dc.titleMenstrual cycle and competitive bidding-
dc.typeWorking Paperen
dc.identifier.ppn717283119en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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