Monoamine Oxidase A Gene (MAOA) Associated with Attitude Towards Longshot Risks
Decision making often entails longshot risks involving a small chance of receiving a substantial outcome. People tend to be risk preferring (averse) when facing longshot risks involving significant gains (losses). This differentiation towards longshot risks underpins the markets for lottery as well...
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Published in | PloS one Vol. 4; no. 12; p. e8516 |
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Main Authors | , , , , |
Format | Journal Article |
Language | English |
Published |
United States
Public Library of Science
31.12.2009
Public Library of Science (PLoS) |
Subjects | |
Online Access | Get full text |
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Summary: | Decision making often entails longshot risks involving a small chance of receiving a substantial outcome. People tend to be risk preferring (averse) when facing longshot risks involving significant gains (losses). This differentiation towards longshot risks underpins the markets for lottery as well as for insurance. Both lottery and insurance have emerged since ancient times and continue to play a useful role in the modern economy. In this study, we observe subjects' incentivized choices in a controlled laboratory setting, and investigate their association with a widely studied, promoter-region repeat functional polymorphism in monoamine oxidase A gene (MAOA). We find that subjects with the high activity (4-repeat) allele are characterized by a preference for the longshot lottery and also less insurance purchasing than subjects with the low activity (3-repeat) allele. This is the first result to link attitude towards longshot risks to a specific gene. It complements recent findings on the neurobiological basis of economic risk taking. |
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Bibliography: | ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 14 content type line 23 Conceived and designed the experiments: SZ SHHC. Performed the experiments: SZ HX SHHC. Analyzed the data: SZ SI HX RPE SHHC. Contributed reagents/materials/analysis tools: HX RPE. Wrote the paper: SZ SI RPE SHHC. |
ISSN: | 1932-6203 1932-6203 |
DOI: | 10.1371/journal.pone.0008516 |