Women Are Better At Everything
So says a study cited by TIME Magazine. Men do things worse, apparently, because they have a penis.
What's the problem with men? "There's been a lot of academic research suggesting that men think they know what they're doing, even when they really don't know what they're doing," John Ameriks, the author of the Vanguard study, told the New York Times. The reason for that overconfidence may come down to biology, research suggests. There's a growing field of study called "neuroeconomics," in which scientists are examining the link between hormonal and neurological impulses and financial decision-making. One such recent study by John Coates, a research fellow in neuroscience and finance at Cambridge University, tested male traders' hormone responses to workplace decisions. He found that testosterone — the stuff that makes men, well, men — surges during winning streaks. And that may drive both risk-taking and an attitude of infallibility. The so-called "winner effect," which has been seen in athletes during competition, also seems to apply to male traders.