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An international team of researchers recruited 140 young males to participate in experimental asset market simulation. Prior to the simulated trading period, the participants were given a topical gel containing testosterone or a placebo. The experiment's results - shared this week in the INFORMS journal Management Science - revealed more inflated price bubbles among markets inhabited by traders hopped up on testosterone.

The financial institutions that do work trading on the New York Stock Exchange are predominantly, perennially staffed by men. And now, a new study from the University of Western Ontario, University of Oxford and Claremont Graduate University, published in the INFORMS journal Management Science, has found that testosterone, the hormone found more so in men than in women, can be linked to the decisions that lead to stock market destabilization and crashes.

According to a study published in the INFORMS journal Management Science, entitled The Bull of Wall Street: Experimental Analysis of Testosterone and Asset Trading, testosterone contributes to fluctuations and in particular leads to overestimating values ​​and building dangerous bubbles and consequently leading to financial crackdowns.

Data scientists are in high demand, taking the coveted number 1 spot on Glassdoor's Best Jobs in America list in both 2016 and 2017. INFORMS is an international organization where those interested in exploring this field can seek out information about the profession as well as certification and training solutions.

A paper published last year in the INFORMS journal Management Science, which collected golfing records for more than 300 CEOs from S&P 1500 firms from 2008 to 2012, found that the more golf a CEO played, the more a firm’s performance and value decreased. When CEOs played at least 22 rounds in a year, they found, the mean return on assets was more than 100 basis points lower than for firms whose CEOs played golf less frequently.