Scientists found that the hormone cortisol may be responsible for financial crises. They found that by increasing cortisol 69%, which is similar to the increase financial traders experience, that the participants risk premium drops by 44%. These findings suggest that the risks we take are physiologically driven.
Scientists found that the hormone cortisol may be responsible for financial crises. They found that by increasing cortisol 69%, which is similar to the increase financial traders experience, that the participants risk premium drops by 44%. These findings suggest that the risks we take are physiologically driven.