Diversity and the expression of different opinions is essential to avoid failures in steering organizations
Nicholas Barberis, the Stephen & Camille Schramm Professor of Finance at the Yale School of Management, in a filmed discussion emphasized the role that irrational thinking and decision-making may have played in the development of the financial crisis. Drawing on ideas from both social and cognitive psychology, he shed light on this relatively neglected aspect of the crisis that could be highly relevant for potential future economic bubbles. The discussion was held in June 2009 at Yale University:
This entry was posted by Niko Wolff on January 18, 2011 at 9:25 pm, and is filed under Finance. Follow any responses to this post through RSS 2.0.
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