Monday, 24 August 2009

Study finds women to take financial risks

WASHINGTON (AP) Women with more testosterone tend to behave more like men when taking financial risks, according to a new study. "Women with higher levels of testosterone turn out to be less risk antogonistic, more willing to take risks," Luigi Zingales of the University of Chicago said in a telephone interview. Known as the male sex hormone, testosterone occurs in both men and women, but at higher levels in men. It has big been associated with fight and dominance, reduction of fear, and with risky behaviors like gambling and alcohol use.Co-author Paola Sapienza of Northwestern University noted that women in general are less likely than men to take financial risks."For example, in our sample set, 36 percent of female MBA students chose high-risk financial careers such as investment banking or trading, equivalence to 57 percent of male students. We needed to explore whether these gender changes are related to testosterone, which men have, on medium, in higher attention than women."Previous research in England showed that higher levels of testosterone seem to boost short term success at finance. Researchers there tested male traders morning and evening, and found that those with higher levels of testosterone in the morning were more likely to make an unusually big profit that day. Zingales and his team tested the testosterone levels of more than 500 MBA students males and females and asked them to choose between a guaranteed financial award or a risky lottery with a higher potential payout. Students had to choose recurrent between the lottery and a fixed payment at increasing values.In general, men had higher levels of testosterone and were more likely to choose the risky lottery than women.But it also turned out that women with higher levels of testosterone were almost seven times more likely to take risks that women with lower hormone levels.On the other hand, there was no change in risk tasking between those with comparatively low levels of testosterone 90 percent of women and 31 percent of men.In addition, the researchers found that married men and women had lower levels of testosterone than single individuals."Married people are also known to be more risk opposed than unmarried people," they noted.The research was funded by the Templeton Foundation, the Zell Center for Risk Research and the Center for Research in Security Prices and the first on Global Markets at the University of Chicago Booth School of Business.

Sunday, 23 August 2009

Take on the mantle of the next Flintoff to Broad shoulders

There was something absolutely poignant about the timing. All summer long and for a few summers before that there had been the scolding question about life after Flintoff. It cased not that for half the time during Flintoff, the man himself was never there.
His gig at Lord's in the Second Test hardly aggravated the issue. Five wickets, bowling about on one leg, and victory against Australia at Lord's for the first time in three quarters of a century. Here was the combatant being a combatant and winning the match in a theatrical advertisement whose memory will allow.
And when he was left out at Leeds dropped would not be too greatest considering the embarrassing reaction from Flintoff's factor commenting on his charge's distress and England played like patsies, the topic had fresh rapport.

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Thursday, 13 August 2009

China urges world to respect Myanmar sovereignty take a look

China has desired the world to respect Myanmar's judicialsovereignty, suggesting Beijing would not back any U.N. actionagainst the junta for returning opposition leader Aung San SuuKyi into detention. Chinese Foreign Ministry spokeswoman Jiang Yu said it was
time for dialogue with Myanmar, not criticism, as affronted
Western nations pressed for a U.N. statement denouncing the
sentence imposed on the Nobel Peace laureate on Tuesday. For stories on the affliction, double click on the codes in
brackets. (If just a headline appears, click on the headline):

LATEST DEVELOPMENTS > China urges world to respect Myanmarsovereignty [ID:nBKK197002] > Q+A-Who will hold power inpost-election Myanmar? [ID:nBKK65132] > Myanmar's Suu Kyiordered back in house detention[ID:nN11543115] > U.N. councildelays statement on Suu Kyi sentence[ID:nN11527196] > Obamacalls for quick release of Suu Kyi [ID:nN11536885] ANALYSIS & BACKGROUND > ANALYSIS-Verdict may set back US
policy review[ID:n[nBKK135790] > Five facts about Myanmar's
Aung San Suu Kyi [ID:nBKK114234] > FACTBOX-Sanctions on
Mynamar [ID:nL1431006] > Is Myanmar joining
nuclear club with N.Korea aid?[ID:nSP513150] >
Q+A-Myanmar-N.Korea nuclear ties: smoke or fire?[ID:nSIN493143]

Tuesday, 11 August 2009

Ashes 2009: Players just don’t seem to learn from mistakes, says frustrated Flower

England had drop to Australia and, an hour later, head charabance Andy Flower was perked in the Headingley stands lamenting his batsmen's failure to learn the lessons of a year ago. As he spoke, his players were leaving the As he spoke, his players were leaving the dressing rooms, their bags being carried by tortoise to the car park and their compeering sponsored 4x4 vehicles lined up in a neat row.
It was like a aspect from the Raj, porters ushering the privileged class to their affectation, gleaming in the sun.
As they did so, Flower expressed his frustration at the rerunof mistakes made in the 10-wicket defeat against South Africa in 2008. 'Probably the most displeaceing thing about the first innings was the fact that 12 months ago at this ground, we played South Africa and this was a carbon copy,' he said.
'The whole feel - the types of dismissal, the types of shot that were played - were similar. Twelve months on you would like to see a little learning taking place.'
Bygone in the day, Justin Langer had laid bare how Australians regard our cricket culture.
A leaked mini-dossier on England for his former team-mates, based on his long experience of playing with and against our cricketers, announced a degree of contempt for their perceived softness.
'English cricketers are great front runners,' wrote the current Somerset captain, who also blames the disperate amount of cricket played in England.
'Because of the way they are programmed they will be up when things are going well but they will taper off very quickly if you wear them down ... it is just who they are built