Schipper, Burkhard - Economics Department, University of California-Davis - 2012
more than 200 subjects. Risk aversion is negatively correlated with testosterone and positively correlated with cortisol, a … stress hormone, for gains only. In males, testosterone is negatively correlated with risk aversion for gains only. In females …, cortisol is marginally significantly positively correlated with risk aversion for gains only. No other significant correlations …