@article{article_1738198, title={Understanding Testosterone and Estrogen in Context of Neurofinance: A Systematic Review}, journal={Aksaray Üniversitesi Sosyal Bilimler Enstitüsü Dergisi}, volume={9}, pages={339–362}, year={2025}, DOI={10.38122/ased.1738198}, url={https://izlik.org/JA68HE57CG}, author={Polat, Yusuf}, keywords={Nörofinans, Testosteron, Östrojen, 2D:4D, Cinsiyet Hormonları}, abstract={Recent behavioral and neurofinance studies continue to reveal that economic behavior has a multifaceted structure, encompassing various dimensions from biology and chemistry to psychology, psychoanalysis, psychopathology, and a range of syndromes. In this context, the pharmacological aspect of the subject, particularly the striking effects of neurotransmitters such as dopamine and serotonin on economic behavior, has been frequently examined in the literature. Another significant dimension of the finance-pharmacology relationship is the endocrine system, with studies focusing on hormones like cortisol providing noteworthy findings. Along with cortisol, the other most intensively studied hormones are sex hormones (testosterone, estrogen, and progesterone). This study aims to make specific inferences based on existing findings in the literature regarding the effects of testosterone and estrogen on financial matters, thereby contributing to the current body of knowledge. In particular, the behavioral effects of testosterone’s relationship with aggression and dominance, and estrogen’s connection with sedation and inhibition, influence individuals’ financial decision-making processes across a broad spectrum.}, number={2}