Groupthink: Collective Delusions in Organizations and Markets
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Publication:4922016
DOI10.1093/restud/rds030zbMath1263.91030OpenAlexW3121977984MaRDI QIDQ4922016
Publication date: 28 May 2013
Published in: The Review of Economic Studies (Search for Journal in Brave)
Full work available at URL: http://www.nber.org/papers/w14764.pdf
financial crisispsychologyspeculative bubblesoverconfidencecognitive dissonancemarket crasheswishful thinkinggroupthinkmarket exuberancemaniasorganizational culturemoraleanticipatory feelingstoxic assets
Group preferences (91B10) Economics of information (91B44) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)
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