Ordered fear plays a strong role in market chaos
Wednesday, June 8, 2011 - 14:30
in Psychology & Sociology
When the current financial crisis hit, the failure of traditional economic doctrines to provide any sort of early warning shocked not only financial experts worldwide, but also governments and the general public, and we all began to question the effectiveness and validity of those doctrines. A research team based in Israel decided to investigate what went awry, searching for order in an apparently random system.