Scarcity of women makes men more impulsive and reduces savings

   Jan 13, 1:35 pm

Washington, Jan 13 (ANI): The perception that women are scarce leads men to become impulsive, save less, and increase borrowing, a new study has claimed.

According to new research from the University of Minnesota's Carlson School of Management, sex ratios influence financial decisions

"What we see in other animals is that when females are scarce, males become more competitive. They compete more for access to mates," Vladas Griskevicius, the lead author of the study, said.

"How do humans compete for access to mates? What you find across cultures is that men often do it through money, through status and through products," Griskevicius said.

To test their theory that the sex ratio affects economic decisions, the researchers had participants read news articles that described their local population as having more men or more women.

They were then asked to indicate how much money they would save each month from a paycheck, as well as how much they would borrow with credit cards for immediate expenditures.

When led to believe women were scarce, the savings rates for men decreased by 42 percent. Men were also willing to borrow 84 percent more money each month.

In another study, participants saw photo arrays of men and women that had more men, more women, or were neutral. After looking at the photographs, participants were asked to choose between receiving some money tomorrow or a larger amount in a month.

When women were scarce in the photos, men were much more likely to take an immediate 20 dollars rather than wait for 30 dollars in a month.

Griskevicius said that the participants were unaware that sex ratios were having any effect on their behaviour. Merely seeing more men than women automatically led men to simply be more impulsive and want to save less while borrowing more to spend on immediate purchases.

"Economics tells us that humans make decisions by carefully thinking through our choices; that we're not like animals," Griskevicius said.

"It turns out we have a lot in common with other animals. Some of our behaviours are much more reflexive and subconscious. We see that there are more men than women in our environment and it automatically changes our desires, our behaviours, and our entire psychology," he added.

The study has been published in the Journal of Personality and Social Psychology. (ANI)

Now, enjoy 6-layer pizza cake in Canada Apr 20, 5:44 pm
Washington, April 20 (ANI): A Canadian pizza place has come up with 6-layer pizza cake.
Full Story
Jesus-like image appears on pancake in California Cafe Apr 20, 2:08 pm
Washington, Apr.20 (ANI): The owner of a cafe in Norco, California has claimed that when they were trying to make a Mickey Mouse pancake on Good Friday, it ended up looking like the image of Jesus Christ.
Full Story
Now, powdered alcohol that can be mixed into a drink or sprinkled over food Apr 20, 1:01 pm
London, Apr 20 (ANI): The US government has approved a new brand of powdered alcohol that can be mixed into a drink or sprinkled over food.
Full Story
US student suspended for asking Miss America to be prom date Apr 19, 3:32 pm
Washington, Apr.19 (ANI): A student of Central York High School was suspended for three days after he asked Miss America Nina Davuluri to the prom at a school event even after he was asked by the school administration to shelve his plan.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY