Posts Tagged ‘ trading ’

Study reveals that traders are worse than psychopaths

November 2, 2011

St. Gallen University in Switzerland recently conducted a study to examine the differences and similarities between stock market traders, clinically diagnosed psychopaths, and representative “normal” citizens when tested with the classic prisoners dilemma game. As expected, the traders revealed a much higher penchant for competitive advantage and destructive behavior than the “normals”. What wasn’t expected–and what is highly interesting–is that the traders outdid the clinical psychopaths in psychopathic tendencies.  Thomas Noll, one of the conductors of the study said in a Spiegel interview: “Naturally one can’t characterize the traders as deranged, but for example, they behaved more egotistically and were more willing…

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