Wednesday, March 30, 2011

Shane O'Mara: Psychology and the Crash

TCD Neuroscience Professor, Shane O'Mara, sketches a number of potential cognitive biases that might have underlay the Irish economic crash in this article (from Testing the extent to which particular psychological mechanisms can cause macroeconomic fluctuations is a tricky excercise but the article provides much food for thought in terms of potential mechanisms.

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