Keywords: Subprime
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Journal Articles
Journal of Financial Economic Policy (2014) 6 (1)
Published: 01 April 2014
...Thomas D. Willett Decision making Defective theories Financial crisis Financial economics Financial policy Future crisis International financial institutions Mental models Subprime Article Type: 2013 Awards for Excellence From: Journal of Financial Economic Policy...
Journal Articles
Journal of Financial Economic Policy (2012) 4 (1): 41–57.
Published: 06 April 2012
...Thomas D. Willett Purpose The purpose of this paper is to stress the role that several defective theories or views of the world played in generating the subprime financial crisis. Design/methodology/approach This is done by describing these views, showing that they were widely held by relevant...

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