2018
DOI: 10.1287/mnsc.2017.2844
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Hormonal Contraceptives Do Not Impact Economic Preferences: Evidence from a Randomized Trial

Abstract: Abstract. A growing body of correlational studies suggests that sex hormones such as those contained in, or affected by, oral contraceptives (OCs) may impact economic behavior. However, despite widespread use of OCs among women in Western countries, little is known about their potential behavioral effects. The present study investigates whether OCs causally influence economic preferences. We randomly allocate 340 women aged 18-35 to three months of a widely used OC or placebo treatment. At the end of treatment… Show more

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Cited by 27 publications
(34 citation statements)
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“…The study by Ranehill et al. (2017) that was run in conjunction, but looking at the effect of the oral contraceptive pill, also did not find any impact of the pill on economic preferences.…”
Section: Discussionmentioning
confidence: 89%
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“…The study by Ranehill et al. (2017) that was run in conjunction, but looking at the effect of the oral contraceptive pill, also did not find any impact of the pill on economic preferences.…”
Section: Discussionmentioning
confidence: 89%
“…The data on 2D:4D were collected in conjunction with a study on the influence of the oral contraceptive pill (Ranehill et al. 2017). The pre-analysis plan specifying the analysis prior to completion of data collection for this study was posted on the Open Science Framework website on the 21st of August 2015 (available at http://osf.io/he8nb/).…”
Section: Methodsmentioning
confidence: 99%
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“…Economists have also looked into the effect of hormones on economic behavior. and Wozniak et al (2014) both find that for women, the inclination to compete varies over the menstrual cycle and with the intake of hormonal contraceptives, but Ranehill et al (2017), in a placebo-controlled study, find no impact of contraceptives. Apicella et al (2011) find no effect of testosterone on tournament entry in men.…”
Section: Introductionmentioning
confidence: 97%