Time to Separate the Trading Room
The presence of the opposite sex can have a distorting effect on our trading abilities.
This paper investigates whether exposure to the opposite sex induces
greater risk-taking in both males and females. Experimental subjects
evaluated a series of hypothetical monetary gambles before and after
viewing pictures of opposite sex faces; control subjects viewed
pictures of cars. Both males and females viewing opposite sex photos
displayed a significant increase in risk tolerance, whereas the control
subjects exhibited no significant change. Surprisingly, the
attractiveness of the photo had no effect; subjects viewing photographs
of attractive opposite sex persons displayed similar results as those
viewing photographs of unattractive people.
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