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Female Bosses
Filed under NewsFeb 6Most women take adequate decisions in the critical days. But since they last only a few days a month, the rest of the women were not able to operate as successfully as men. Employees of Institute for Social Studies of Michigan found that male bosses have less risk than a woman. And most women take the right decisions in critical days. As explained study leader Professor Yan Chen, they tested the actions of both sexes in the management of the company.
All experiments were based on models used in economic theory, which can determine the percentage of risk, strategy and size possible in the circumstances of earnings. During the initial economic model, researchers have trading auction. Chen and colleagues conducted a series of 40 experiments. Each series consisted of 30 rounds. Scientists have identified 400 students and graduate students of different profiles of activity (including economists). All volunteers in each round randomly assigned buyers and sellers at auction. Basic conditions for the experiment consisted in the fact that all buyers simultaneously provide their bids.
And none of them does not know each other, neither the rates of other bidders. In each round, a group of sellers to designate the approximate price of a hypothetical commodity. Buyers who got a thing is assigned a certain number of points equal to the difference between fixed price and the purchase price. At the end of the round glasses were converted into foreign currency. Each series of 30 rounds lasted from 40 minutes to an hour, and the average value of earnings for the series is $ 15.36.
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