Coates John, Gurnell Mark
Dewline Research, London, W8, United Kingdom.
Wellcome Trust-MRC Institute of Metabolic Science & NIHR Cambridge Biomedical Research Centre, University of Cambridge & Addenbrooke's Hospital, Cambridge CB2 0QQ, United Kingdom.
Horm Behav. 2017 Jun;92:13-19. doi: 10.1016/j.yhbeh.2017.01.008. Epub 2017 Feb 4.
A contribution to a special issue on Hormones and Human Competition. Financial markets are periodically destabilized by bubbles and crashes during which investors display respectively what has been called "irrational exuberance" and "irrational pessimism". How can we best study these pathologies in competitive and risk-taking behaviours? In this article, we argue that a science of risk-taking and of the financial markets needs to draw heavily on physiology and especially endocrinology, due to their central roles in moderating human behaviour. Importantly, this science of competition and risk requires the same spectrum of research protocols as is found in mature biological and medical sciences, a spectrum running from field work conducted within financial institutions themselves to more controlled laboratory studies, which permit cause to be distinguished from effect. Such a spectrum of studies is especially important for translational behavioural science.
对《激素与人类竞争》特刊的一篇投稿。金融市场会周期性地因泡沫和崩溃而不稳定,在此期间投资者分别表现出所谓的“非理性繁荣”和“非理性悲观”。我们如何才能最好地研究这些竞争和冒险行为中的病态现象呢?在本文中,我们认为,由于生理学尤其是内分泌学在调节人类行为方面的核心作用,冒险行为科学和金融市场科学需要大量借鉴它们。重要的是,这种竞争与风险科学需要与成熟的生物和医学科学中相同的一系列研究方案,这一系列方案涵盖从金融机构内部开展的实地研究到更具控制性的实验室研究,后者能够区分因果关系。这样一系列研究对于转化行为科学尤为重要。