✸✸WOULD more women on the trading floorinjecta dose ofsanityintothe world’s financial markets? This question gained prominence after the 2007-08 crisis. As Christine Lagarde, then France’s finance minister and now head of the IMF, quipped, had Lehman Brothers been Lehman Sisters, history would have been different. Many studies support this idea, showing that testosterone-laden men areprone tooverconfidence in trading. Women are more cautious.
1） sanity 英 [ˈsænəti] 美 [ˈsænɪti] n.神志正常;心智健康;头脑清楚;通情达理
He and his wife finally had to move from their apartment just to preserve their sanity.
为了不致发疯，他和妻子最终只得从公寓中搬出。
2）inject into英 [inˈdʒekt ˈɪntuː] 美 [ɪnˈdʒɛkt ˈɪntu] 把…注入身体;给…添加
At the same time, I hope to inject into the discussion a few personal details about these tenpeople and how they work together.
同时，我希望在讨论中插入一些关于这十个人的个人细节以及他们是如何一起工作的。
3） prone to 英 [prəun tu:] 美 [pron tu] 倾于…
He was very prone to seasickness and already felt queasy.
他快晕船了，已经感到恶心了。
✸✸But things may not be so simple. Previous research has mostly used evidence from the West. To test if the conclusions apply universally, Wang Jianxin of China’s Central South University, Daniel Houser of George Mason University and Xu Hui of Beijing Normal University looked at both America and China. And they found that in China’s markets, women can be just asmanicas men.
1） manic 英 [ˈmænɪk] 美 [ˈmænɪk] adj.疯狂的;<医>躁狂的，患躁狂病的 n.躁狂者
He was really manic
他真的疯了一般。
短语：manic depressive 英 [ˈmænɪk diˈpresiv] 美 [ˈmænɪk dɪˈprɛsɪv] [医]躁狂抑郁的
✸✸The economistsarranged for342 students to form experimental markets. They were allocated dividend-paying shares and tokens (in lieu of cash), and given 15 rounds to trade within gender based groups. Participants could, in theory, calculate fair value of the shares in any given round but few did so.
1） arranged for the time being 暂定
CONCLUSION: The stability of bifonazole lotiones is better and its useful life can bearranged for the time being for 2 years.
结论：联苯苄唑洗液稳定性较好，有效期可暂定2年。
✸✸In America, the outcomes matched past experiments. Shares quickly inflated to a bubble in male-only trading groups, before crashing. Women-only groups traded the sharesat a discountfor much of thetime. In China male-only markets were just as unhinged. But so were the female-only markets, going from bubble to bust just like the male-only ones.
1） at a discount 英 [æt ə ˈdiskaunt] 美 [æt e ˈdɪsˌkaʊnt] 打折的;<正>不值钱的;不受重视的;不受欢迎的
I'll sell at a discount in return for a speedy sale.
为了尽快售出，我会打折销售。
✸✸Critics will object that this was just an experiment. However, there is along historyof using such devices to study investment behaviour. Anecdotally, women haveplayed a part inChina’s market manias. In trading halls full of elderly day-traders, white-haired ladies sit alongside wizened men. Over the past two years women have also been on the front lines of protests after a series of online investment schemes collapsed.
1） long history 英 [lɔŋ ˈhistəri] 美 [lɔŋ ˈhɪstəri] 古老的历史
Texas has a long history of trade with Mexico.
得克萨斯州与墨西哥的贸易往来历史悠久。
2） play a part in 与…有关，对…有影响
He'll soon realize that it's better to play a part in a big show than try to run a one-man show.
他马上就会看到演独角戏不如搭班子好。
✸✸Why China’s women might be as bold—and reckless—as men is open to debate. Other research highlights Communist Party policies promoting equality. But in practice women in China are woefully underrepresented in the financial sector. Only when that changes will it be possible to judge if China truly has gender parity inirrational exuberance.
1） irrational exuberance 非理性繁荣;非理性亢奋;亢奋;非理性荣景;非理性的亢奋
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