This month's Wired magazine contains an interesting and fulsome article on the results of recent and ongoing experiments into the effects of testosterone and cortisol on competitive behaviour.John Coates, a senior research fellow at the University of Cambridge, has taken behavioural finance in a new direction, as a former Wall street trader turned neuroscientist. A chance meeting led to an invitation to the animal behaviour lab at Manhattan's Rockefeller University, and Coates began helping out with experiments there. His own research in the City of London recently won the 2012 Wellcome Trust Book Prize for The Hour Between Dog and Wolf. To cut a long story short it's true that women outperform men in the long-term in the financial markets - to find out why, read the article. There are also a couple more pieces relating to Coates from last year - the Guardian article also discusses the gendered nature of the US Government Report on the Financial Crisis of 2008. The Huffington Post article ends with a video clip of a Wall street trader who lost his job, couldn't tell his wife, and tried to fill the gap by robbing 10 banks until he was caught. Funnily enough, he uses exactly the same reasoning as Tom Wilkinson's character in The Full Monty. I hope all this coverage doesn't deter his research subjects from collaborating in the future.
Wired Article
Businessweek Article
Guardian Article
Huffington Post
Wellcome Book Prize
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