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Originally published Saturday, April 5, 2008 at 12:00 AM

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Roll of dice linked to roll in hay

A new brain-scan study may help explain what's going on in the minds of financial titans when they take risky monetary gambles: sex. When young men were...

The Associated Press

WASHINGTON — A new brain-scan study may help explain what's going on in the minds of financial titans when they take risky monetary gambles: sex.

When young men were shown erotic pictures, they were more likely to make a larger financial gamble than if they were shown a picture of something scary, such as a snake, or something neutral, such as a stapler, university researchers reported.

The arousing pictures lit up the same part of the brain that lights up when financial risks are taken.

"You have a need in an evolutionary sense for both money and women. They trigger the same brain area," said Camelia Kuhnen, a Northwestern University finance professor who conducted the study with a Stanford University psychologist.

Their research appears in the current edition of the peer-reviewed journal NeuroReport.

The study involved 15 heterosexual men in the 18-26 age range at Stanford University. It focused on the sex and money hub, the V-shape nucleus accumbens, which sits near the base of the brain and plays a central role in what you experience as pleasure.

When that hub was activated by the erotic images, the men were far more likely to bet high on a random chance game that would earn them either a dollar or a dime. Each man made more than 50 gambles under brain scans.

Stanford psychologist Brian Knutson, a lead author of the study, said it's all about the power of emotion and arousal and our financial decisions. The trigger doesn't have to be sex; it could be chocolate or a winning lottery ticket.

"It didn't matter if the sexy woman didn't tell you anything about the odds of winning a roulette game," Knutson said. "What really matters is that the sexy woman is having an emotional impact. That bleeds over into your financial decisions."

Kuhnen said the same link could hold true for women, but they didn't test it because it is more difficult to find an erotic image that would appeal to many different heterosexual women compared to heterosexual men.

The results of the study jibe with the real life on the trading floor, said Phil Flynn, a former Chicago commodities floor trader and current analyst at Alaron Trading.

"I'm not shocked that it may be part of the deal," Flynn said Friday. "When you talk about all the euphemisms for trading [on the floor], they can be used for sex as well."

The study conforms with recent research that indicates men shown a pornographic movie were more likely to make riskier sexual decisions.

Another study suggests straight men think less about their financial future after being shown pictures of pretty women.

Copyright © 2008 The Seattle Times Company

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