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Updated: Jan 25, 2026

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making
Published on: March 2, 2011
Mapping the terra incognita of economic cognition will require an experimental paradigm that incorporates context
Aaron D Lightner1, Edward H Hagen1
1Department of Anthropology,Washington State University,Vancouver,WA 98686-9600.aaron.lightner@wsu.eduedhagen@wsu.eduhttp://anthro.vancouver.wsu.edu/faculty/hagen/.
Abstract:
Researchers, including Boyer & Petersen (B&P), commonly use experimental economic studies to draw their conclusions. These studies conventionally strip away context and present participants only with abstract rules. Because context is a strictly necessary component of the decision-making process, it is not clear that inferences about high-level folk psychological concepts (e.g., rationality) can be drawn from decontextualized economic games.
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