comments

Regulators overestimated their powers of insight and response

Regulators believed that improvements in both computer models, and in economic theory of regulation, would allow them to identify and halt any crisis before it occurred.

RELATED ARTICLESExplain
⌅
The Global Financial Crisis
⌃
Long-term causes of the financial crisis?
⌃
Human cognitive biases
■
Regulators overestimated their powers of insight and response
□
Forms of human cognitive bias?
□
Homebuyers saw rising house prices as natural order
□
Investors underweighted systemic risk
□
Lenders overconfident in their ability to manage risk
□
Cognitive Biases are constant
□
Graph of this discussion
Enter the title of your article


Enter a short (max 500 characters) summation of your article
Enter the main body of your article
Lock
+Comments (0)
+Citations (0)
+About
Enter comment

Select article text to quote
welcome text

First name   Last name 

Email

Skip