Al-Suwailem, Sami - In: Research in International Business and Finance 30 (2014) C, pp. 393-410
The global financial crisis proved the critical impact of the gap between individual rationality and group rationality. This gap is not supposed to arise in a Neoclassical world, but it frequently arises in a world as complex as ours. The paper explores how endogenous instability might arise due...