The financial crisis - lessons for Europe from psychology
"In the aftermath of the financial crisis, a vast amount of economic analysis and a sizeable number of reforms in the financial markets have followed. In this report, Professor Henry Montgomery takes the analysis one step further by examining the psychological explanations behind the crisis. Th...
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Stockholm
2011
SIEPS |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19177585124919957679-The-financial-crisis---lessons.htm |
| Summary: | "In the aftermath of the financial crisis, a vast amount of economic analysis and a sizeable number of reforms in the financial markets have followed. In this report, Professor Henry Montgomery takes the analysis one step further by examining the psychological explanations behind the crisis. The author explores the cognitive bias behind decision making by economic professionals and lay persons on the financial markets. The report also discusses how psychological knowledge can constitute a basis for reforms in order to safeguard sound economic development in the future." |
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| Physical Description: | 104 p. Digital |