Washington, April 2: While most people appear to be extremely stressed amidst the ongoing recession, a study has suggested that stress may further worsen their financial troubles.
Anthony J. Porcelli and Mauricio R. Delgado, both psychologists at Rutgers University, have found that acute stress affects risk taking during financial decision making.
They conducted a study in which a group of volunteers chose between various financial gambles, after being asked to immerse their hand for a period of time in either ice-cold or room-temperature water.