Did they say “good” to you over coffee? If you are a man, you will take greater financial risks

There is a perception that women are more prone to preventions than men, but a new scientific study shows that this is not necessarily the case. The men who have been given positive predictions by some divination process are then more willing, compared to women, to take financial risk in the financial sector (e.g. in the casino or the Stock Market).

The researchers, led by Dr. Xiaoyue Tan of the Dutch Erasmus University in Rotterdam, who made the relevant publication in the scientific journal PLOS ONE, conducted experiments, showing that men who in some divination learn that good things are predicted for them (instead of bad or neutral), tend to become more risky in their investment and financial decisions in general, to a greater extent than women who learn that luck has an equally good future in store for them.

Various prejudices and corresponding behaviors are very widespread worldwide despite our supposedly rational age. Scientific studies that help to understand the phenomenon of superstition are gradually increasing. It has been noticed e.g. that this trend helps combat feelings of uncertainty and boosts the self-confidence of many people. The various divination techniques (coffee-mongering, card-mongering, etc.) are a popular form of such superstition, but little has been scientifically studied so far to what extent it really affects people’s behavior.

See the scientific study by clicking here.

In the new research, 693 participants had the opportunity to learn through divination about the future regarding their lives in general and their finances in particular. They then answered questionnaires to assess whether their behavior had changed in terms of propensity to take financial risks.

The experiments showed that those – especially men – who had learned positive things from divination, were willing to “bet” and risk more money. Although most participants reported that they did not really believe in divination, they were in fact influenced. This is consistent with previous research findings that people act on their prejudices and superstitions, even if they verbally claim not to be superstitious.

RES-EMP

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