Daily Archives: October 11, 2008

Behavioral economist: Market sez, “We want blood”. Is solution Gacaca?

October 11, 2008
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Dan Ariely, a behavioral economist, believes that investors need to feel they have punished the powerful Wall Street scam artists who have over-leverage and under-regulated fleeced the public, even at our own financial expense. (Recall the ultimatum game — if someone with $100 offers you $2, you turn it down as an insult, even...

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