See? she said. Say it’s turn six. In here, see.
Women differ from men in circulating levels of certain hormones, and some of those hormones change across the menstrual cycle. Estradiol, progesterone, the lutenizing hormone, and the follicle-stimulating hormone all change over the menstrual cycle. (…)
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.
related { The Impact of Female Sex Hormones on Competitiveness }
photos { Raymond Meeks }