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Traders on the New York Stock Exchange, 1963 (Source: Wikimedia Commons)

How Testosterone Leads to Overpricing on Wall Street

Idea posted: June 2016
  • Leadership & Change
  • Learning & Behaviour

New research shows that testosterone increases the over-confident and over-optimistic impulses of male traders, resulting in higher prices and more frequent bubbles. It also reveals, in general, that we are not always as rational as we believe.

Idea #608
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