EconPapers    
Economics at your fingertips  
 

Dopamine and Risk Choices in Different Domains: Findings among Serious Tournament Bridge Players

Anna Dreber, David G. Rand, Nils Wernerfelt, Justin R. Garcia, J. Koji Lum and Richard Zeckhauser
Additional contact information
David G. Rand: Harvard University
Nils Wernerfelt: Harvard University and Toulouse School of Economics
Justin R. Garcia: Binghamton U, SUNY
J. Koji Lum: Binghamton U, SUNY

Working Paper Series from Harvard University, John F. Kennedy School of Government

Abstract: Individuals differ significantly in their willingness to take risks, partly due to genetic differences. We explore how risk taking behavior correlates with different versions of the dopamine receptor D4 gene (DRD4). We focus on risk taking in the card game contract bridge, and economic risk taking as proxied by a financial gamble. We also explore self-reported general risk taking, and self-reported behavior in risk-related activities. Our participants are serious tournament bridge players, which gives them substantial experience in risk taking. We find some evidence that men with a 7-repeat allele (7R+) of DRD4 take more overall risk in bridge than individuals without this allele (7R-), and strong evidence that 7R+ men take more economic risk in an investment game. Interestingly, these relationships are not found in the women in our study. Although the number of 7R+ women in our sample is low, our results may reflect a gender difference in how the 7R+ genotype affects behavior. Bridge masterpoints measure past success, thus reflecting playing skill and experience. We show that masterpoint level modulates the effect of the DRD4 gene in men in a highly important manner. We find that higher ranked 7R+ men take significantly more good risks and significantly fewer bad risks than other men, whereas the opposite is found for less-expert 7R+ men. This is the first study to distinguish between advantageous and disadvantageous risk taking. We identify a strong interaction among desirable risk taking behavior, measured success, and genetic variation. Considering other risk measures, we find no difference between 7R+ and 7R- individuals in general risk taking or in any of a number of other risk-related activities. Our results indicate that the dopamine system plays an important role in explaining individual differences in risk taking in bridge and economic risk taking among men. Little relationship is found in other activities involving risk or among women.

JEL-codes: C91 C93 D03 D81 D87 F00 (search for similar items in EconPapers)
Date: 2010-07
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://research.hks.harvard.edu/publications/work ... ?PubId=7371&type=WPN

Related works:
Journal Article: Dopamine and risk choices in different domains: Findings among serious tournament bridge players (2011) Downloads
Working Paper: Dopamine and Risk Choices in Different Domains: Findings Among Serious Tournament Bridge Players (2010) Downloads
Working Paper: Dopamine and Risk Choices in Different Domains: Findings Among Series Tournament Bridge Players (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecl:harjfk:rwp10-034

Access Statistics for this paper

More papers in Working Paper Series from Harvard University, John F. Kennedy School of Government Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2025-03-30
Handle: RePEc:ecl:harjfk:rwp10-034