![What's the cause of stock market crashes? Too much testosterone, science says What's the cause of stock market crashes? Too much testosterone, science says](/var/ezflow_site/storage/images/iol-home/about-informs/news-room/o.r.-and-analytics-in-the-news/what-s-the-cause-of-stock-market-crashes-too-much-testosterone-science-says/3790232-1-eng-US/What-s-the-cause-of-stock-market-crashes-Too-much-testosterone-science-says_newslargethumb.jpg)
What's the cause of stock market crashes? Too much testosterone, science says
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.