Facial Masculinity Predicts Risk and Time Preferences in Expert Chess Players

9 Pages Posted: 1 Dec 2012 Last revised: 23 May 2013

See all articles by Anna Dreber

Anna Dreber

Stockholm School of Economics - Department of Economics

Christer Gerdes

Stockholm University - Swedish Institute for Social Research (SOFI)

Patrik Gransmark

Stockholm University - Swedish Institute for Social Research (SOFI)

Anthony Little

University of Stirling - Department of Psychology

Date Written: November 30, 2012

Abstract

In this study we examine the relationship between risk taking, impatience and facial masculinity in expert chess players. We combine a large panel-dataset from high-level chess games with measures of both risk taking and impatience in chess with facial masculinity, a proxy for testosterone exposure in puberty. We find that male players with high pubertal testosterone exposure are more impatient by playing shorter chess games. For female players, we find that facial masculinity is negatively correlated with risk taking.

Keywords: risk taking, impatience, chess, facial masculinity, testosterone

JEL Classification: D03, J16

Suggested Citation

Dreber, Anna and Gerdes, Christer and Gransmark, Patrik and Little, Anthony, Facial Masculinity Predicts Risk and Time Preferences in Expert Chess Players (November 30, 2012). Available at SSRN: https://ssrn.com/abstract=2183117 or http://dx.doi.org/10.2139/ssrn.2183117

Anna Dreber

Stockholm School of Economics - Department of Economics ( email )

P.O. Box 6501
Sveavagen 65
S-113 83 Stockholm
Sweden

Christer Gerdes

Stockholm University - Swedish Institute for Social Research (SOFI) ( email )

Kyrkgatan 43B
SE-106 91 Stockholm
Sweden

Patrik Gransmark (Contact Author)

Stockholm University - Swedish Institute for Social Research (SOFI) ( email )

Kyrkgatan 43B
SE-106 91 Stockholm
Sweden

Anthony Little

University of Stirling - Department of Psychology ( email )

Stirling, Scotland
United Kingdom

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