Recent Business School Study Links Financial Crisis to Hormones
Our nation's current deficit may be due to a number of factors, but what do hormones have to do with anything? Potentially a lot. A recent study of prestigious Chicago area business schools suggests that testosterone levels have a major impact on a person's predisposition toward taking risks.
The study in question was published today in the academic journal Proceedings of the National Academy of Sciences, and was also covered in the blog pages of the Wall Street Journal. The study reached its findings by analyzing the saliva of students pursuing MBA degrees at University of Chicago's Booth School of Business and putting said students through "certain games." In a pool of 500 students, the study determined that men were "willing to take greater risks than women." The difference? Testosterone, concludes the study. Biased, you say? The researchers also found that female students with higher testosterone levels were willing to take more risks than their more estrogen-heavy counterparts. In short, according to study co-author Paola Sapienza, "we are saying that testosterone, which is a biological marker, rather then gender, makes them take more risks."
There are some flaws in the theory -- the most important being, reportedly, that the study was done in 2006 when business was good and risk-taking was en vogue, meaning that a similar test would likely yield wildly different results today -- but the results are interesting nonetheless and, according to the blog, not that surprising. After all, it states: "Just look all the male executives who loaded up on subprime mortgages or who bulked up the risk on auction-rate securities, bringing that market briefly to a halt." Or the most illustrative mention of all: the cast and crew of MTV's Jackass. 100% risk and danger, and testosterone to the hilt.
Search Schools
University of PhoenixAt University of Phoenix, we believe everyone deserves access to higher education.
Programs
Location: Online |
|
Everest University OnlineManage your career and your life while earning your degree online.
Programs
Location: Santa Ana: , Santa Ana CA |
|
Capella UniversityAchieve your potential with an online degree from Capella University. Programs
Location: Minneapolis: Capella Tower, Minneapolis MN 55402 |
|
Keiser UniversityFor over 30 years, Keiser University eCampus Online has provided student-centered, quality career education.
Programs
Location: Fort Lauderdale: , Fort Lauderdale FL 33309 |
|
USC School of Social WorkThe USC School of Social Work’s MSW@USC offers the opportunity to earn a Master of Social Work degree through the Virtual Academic Center without relocating to Southern California. Programs
Location: Online |
|
DeVry UniversityMake a difference with a graduate degree from DeVry University's Keller Graduate School of Management.
Programs
Location: Chicago: , Chicago IL |
|
Allied Health InstituteAllied Health Institute is a post-secondary vocational school offering a variety of Diploma and Associate Degree programs in the field of Allied Health. By utilizing online learning, students have the flexibility to continue their education from the convenience of their own home. Our virtual classrooms will enable students to attend classes and communicate with instructors and classmates. Students can complete some programs without leaving their current employment or sacrificing family time.
Programs
Location: Online |
|
Virginia CollegeSet your career in motion at Virginia College Online.
Programs
Location: Birmingham: 300 River Hills Business Park, Birmingham AL 35242 |
|
Animal Behavior CollegeInterested in a career as a professional dog trainer? Animal Behavior College is the place to start.
Programs
Location: Northridge: 9249 Reseda Blvd, Northridge CA 91324 |
|
Kaplan UniversityAdvance your career with an online degree from Kaplan University.
Programs
Location: Fort Lauderdale: 6301 Kaplan University Avenue, Fort Lauderdale FL 33309 |
|
