The Case for Single-Sex Trading Floors

Note: it is from FTC.

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The Case for Single-Sex Trading Floors

Maybe the reason why we had fewer financial crises in past is that we didn't have co-ed trading floors. Okay, it's a theory.

Are people more risk-taking in the presence of the opposite sex?
Patrick McAlvanah
Federal Trade Commission, Bureau of Economics
Journal of Economic Psychology

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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