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Dopamine and risk choices in different domains: Findings among serious tournament bridge players

  • Anna Dreber
  • , David G. Rand
  • , Nils Wernerfelt
  • , Justin R. Garcia
  • , Miguel G. Vilar
  • , J. Koji Lum
  • , Richard Zeckhauser
  • Institute for Financial Research (SIFR)
  • Harvard University
  • Massachusetts Institute of Technology
  • State University of New York Binghamton University

Research output: Contribution to journalArticlepeer-review

31 Scopus citations

Abstract

We explore how risk-taking in the card game contract bridge, and in a financial gamble, correlate with variation in the dopamine receptor D4 gene (DRD4) among serious tournament bridge players. In bridge risk-taking, we find significant interactions between genetic predisposition and skill. Among men with the 7-repeat allele of DRD4, namely 7R+ men, those with more bridge skill take more good risks and fewer bad risks, while the opposite is found for less-expert 7R+ men. Conversely, skill does not predict risk-taking among men without the 7R+ allele. Consistent with some prior studies, we also find that 7R+ men take more risk in the financial gamble. We find no relationship between 7R+ and either risk measure among our female subjects. Our results suggest that the dopamine system plays an important role in individual differences in risk-taking among men, and is the first to distinguish between advantageous and disadvantageous risk-taking.

Original languageEnglish
Pages (from-to)19-38
Number of pages20
JournalJournal of Risk and Uncertainty
Volume43
Issue number1
DOIs
StatePublished - Aug 2011

Keywords

  • Advantageous risks
  • Contract bridge
  • DRD4
  • Dopamine
  • Risk preferences
  • Risk-taking

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