Investors underweighted systemic risk
Investors focused on the likelihood that an individual security would underperform: not at what might happen if house prices suddenly dropped ten percent, or credit markets violently contracted.
Immediately related elementsHow this works
-
The Global Financial Crisis »The Global Financial Crisis
Long-term causes of the financial crisis? »Long-term causes of the financial crisis?
Human cognitive biases »Human cognitive biases
Investors underweighted systemic risk
+Commentaires (1)
+Citations (0)
+About