Testosterone a factor in credit crunch?

The Gossip has now heard it all, with a new theory that testosterone is the hidden cause of the global meltdown. A new study linking risky financial decisions to men with higher levels of testosterone backs up previous research that shows men are more likely than women to make risky moves with money, and that stock traders generally had more success on days when their hormones are on high.

Harvard researcher Coren Apicella says that financial risk might be comparable to other risky male behaviors associated with reproduction, and that there may be an evolutionary function of this link between testosterone and risk. “Men may be more willing to take financial risks because the payoffs, in terms of attracting mates, could be higher for them.”

To find out more: http://www.usnews.com/articles/science/culture/2008/09/30/financial-risk-taking-linked-to-testosterone.html

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