The Role of Incentives in the World Financial Crisis

Authors: 
Robert J. Aumann
Abstract: 

A lecture explaining the causes of the 2008‐9 world financial crisis in terms of ordinary economic processes. The lecture was delivered at the 39th St. Gallen Symposium, University of St. Gallen, Switzerland, 8 May 2009.

Date: 
February, 2010
Published in: 
Number: 
536