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...

Full description

Saved in:
Bibliographic Details
Published inPloS one Vol. 4; no. 12; p. e8516
Main Authors Zhong, Songfa, Israel, Salomon, Xue, Hong, Ebstein, Richard P., Chew, Soo Hong
Format Journal Article
LanguageEnglish
Published United States Public Library of Science 31.12.2009
Public Library of Science (PLoS)
Subjects
Online AccessGet full text

Cover

Loading…
More Information
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.
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