Testosterone doesn’t affect men’s economic decisions, large study shows

Testosterone has long been linked to risk-taking, generosity, and competitiveness. But a new large-scale study—the biggest of its kind—finds that men given testosterone made the same economic choices as those given a placebo. The study, led by researchers at the Stockholm School of Economics in Sweden and Nipissing University in Canada, examined things like men’s inclination to take risk, act fairly or compete with others.

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