... deal of attention on the circumstances under which the different theories or narratives or mental models are most appropriate. Unfortunately, these books make relatively little reference to each other, undoubtedly in part because they were all published at roughly the same time. One of the purposes...

... policies are discussed. While most of the arguments in the paper are not new, no paper of which the author is aware pulls them together with the same emphasis on how faulty mental models interacted with dangerous incentive structures to play a prime role in generating the crisis. The paper...

... emphasis on how faulty mental models interacted with dangerous incentive structures to play a prime role in generating the crisis. The paper also references a much wider range of literature on the crisis than any study of which the author is aware. The paper should be of value to any one interested...