Economic research shows that candidates have a higher chance of getting (re-)elected when they have the luck that the world economy does well even though this is beyond their control and unrelated to their competence. Psychological research demonstrates that candidates increase their chances if...

This short reflective paper discusses collusion from a psychoanalytically informed social psychological perspective. From this perspective, collusion represents a non-conscious group dynamic in which the participants "play together" to keep a threatening or painful reality out of awareness. To...

This paper investigates collective denial and willful blindness in groups, organizations and markets. Agents with anticipatory preferences, linked through an interaction structure, choose how to interpret and recall public signals about future prospects. Wishful thinking (denial of bad news) is...