... sampled comprised of 118 traders, trader-managers and 10 senior managers. The relevant theory goes back until 1963, what is evident in the findings is there doesn't seem to be a set model that is followed, just lots of ideas. I see the models more as loose boundaries, I don't believe that you can substitute for experience and what was a cause for concern was the fact that many traders had not experienced a 'crash '. This looks like it could be a disaster waiting to happen, as stated by several managers in the article is that minimising losses when the unexpected happens can overwhelm the traders. Different value systems have different perspectives on the use of utility in making moral judgments. For example, Marxists, Kantians, and certain libertarians (such as Nozick) all believe utility to be irrelevant as a moral standard or at least not as important as other factors ...

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