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A Bayesian Modelling Approach to Examine the Role of Testosterone Administration on the Endowment Effect and Risk-Taking
We investigated the effects of testosterone administration on aspects of decision-making within the Prospect Theory framework. Using bayesian modeling, we assessed risk-taking under framing and Endowment Effect (effect of possession). We administered 100mg testosterone to forty men in a double-blind placebo-controlled fully-randomized cross-over experiment where they participated in two tasks. One was a risktaking task with binary choices under positive and negative framing with differentdoi:10.31234/osf.io/c37e4 fatcat:mwel7gznyndo7fbwzlqekpx4xa