Do hormones impact behavior in the minimum effort game? - An experimental investigation of human behavior during the weakest link game after the administration of vasopressin -

Stephan Schosser () and Bodo Vogt ()
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Stephan Schosser: Faculty of Economics and Management, Otto-von-Guericke University Magdeburg
Bodo Vogt: Faculty of Economics and Management, Otto-von-Guericke University Magdeburg

No 150011, FEMM Working Papers from Otto-von-Guericke University Magdeburg, Faculty of Economics and Management

Abstract: This paper describes an experimental study involving the minimum effort game. In this game, each player faces a trade-off between risk and payoff. Within each group, half of the subjects were administered with vasopressin in nasal spray form while half received a placebo. We found that subjects who received vasopressin were more likely to play the minimally risky strategy in the group and less likely to focus on payoff levels than those who received the placebo.

Keywords: minimum effort game; coordination game; neuroeconomic experiment; vasopressin (search for similar items in EconPapers)
Pages: 17 pages
Date: 2015-07
New Economics Papers: this item is included in nep-exp and nep-gth
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http://www.fww.ovgu.de/fww_media/femm/femm_2015/2015_11.pdf First version, 2011 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:mag:wpaper:150011

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