Key Publications
Gut Feelings and the Market. Interoceptive Ability Predicts Survival on a London Trading Floor. Scientific Reports, Sept 2016. http://www.nature.com/articles/srep32986
Cortisol shifts financial risk preferences. Proceedings of the National Academy of Sciences, 2014. http://www.pnas.org/content/early/2014/02/13/1317908111.full.pdf+html
Endogenous steroids and financial risk taking on a London trading floor. Proceedings of the National Academy of Sciences U S A, 2008.
http://www.pnas.org/content/105/16/6167.full.pdf+html?sid=923de3de-1794-448b-be58-5019925c299b
The Biology of Risk. New York Times, June 6, 2014. http://www.nytimes.com/2014/06/08/opinion/sunday/the-biology-of-risk.html?ref=opinion
Other Publications
NZ Xie, L Page, DA Granger, JM Coates (2019) The Biology of ‘Risk-On’. Decreasing Inflammatory and Stress Responses on a London Trading Floor. BioRxiv. doi: https://doi.org/10.1101/473157
Page L, Coates JM (2017) Winner and Loser Effects in Human Competitions. Evidence from Equally Matched Tennis Players. Evolution and Human Behavior. http://dx.doi.org/10.1016/j.evolhumbehav.2017.02.003
Coates JM, Gurnell M (2017) Combining Field Work and Laboratory Work in the Study of Financial Risk Taking. Hormones and Behavior. https://doi.org/10.1016/j.yhbeh.2017.01.008
Coates JM, Page L (2016) The Biology of Financial Instability. New Palgrave Dictionary of Economics, Online Edition. http://www.dictionaryofeconomics.com/article?id=pde2016_B000351
Coates J M, Gurnell M, Sarnyai Z (2010), From molecule to market: steroid hormones and financial risk-taking. Philosophical Transactions Royal
Society B, Biological Sciences, 365:331-43.
http://rstb.royalsocietypublishing.org/content/365/1538/331.full.pdf+html
Coates J M, Gurnell M, Rustichini A (2009), “Second-to-fourth digit ratio predicts success among high-frequency financial
traders.” Proceedings of the National Academy of Sciences U S A, 106: 623–628.
http://www.pnas.org/content/106/2/623.full.pdf+html?sid=923de3de-1794-448b-be58-5019925c299b
Coates J M, Page L (2009), “A note on trader Sharpe ratios.” PLoS One 4: 8036.http://www.plosone.org/article/info:doi/10.1371/journal.pone.0008036
Coates J M (forthcoming) “Keynes and the instability of personal consumption between the Wars.”
Coates J M, (1996) “The Claims of Common Sense” Cambridge University Press.
OP-ED Articles
Banks Should Train Their Traders Like Olympic Athletes. Financial Times, July 6, 2012
http://www.ft.com/cms/s/0/9540a99c-c694-11e1-963a-00144feabdc0.html#axzz1zkK9jC3j
The Anatomy of a Large Trading Loss. Time Magazine, June, 21, 2012
http://ideas.time.com/2012/06/21/the-anatomy-of-a-huge-trading-loss/
The Biology of Boom and Bust. New York Times, June 10, 2012
http://www.nytimes.com/2012/06/10/opinion/sunday/the-biology-of-bubble-and-crash.html?_r=1&ref=opinion
Trader Sharpe ratios. Financial Times, Nov 25, 2009
http://www.ft.com/cms/s/0/59610ec2-d933-11de-b2d5-00144feabdc0.html
A tale of two traders. Financial Times, May 4, 2009
http://www.ft.com/cms/s/0/a681ee7e-38a2-11de-8cfe-00144feabdc0.html
Key to success lies in the womb. Financial Times, Jan 12, 2009
http://www.ft.com/cms/s/0/6c933c86-e0af-11dd-b0e8-000077b07658.html
Traders should track their hormones. Financial Times, April 14, 2008
http://www.ft.com/cms/s/0/9973fb0a-0a1d-11dd-b5b1-0000779fd2ac.html