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Hyper Apes playing monopoly:)
Sep. 30th, 2008 11:16 pmWhen we talk about herd behaviour of the financial 'gurus' in the international markets it tends to give me a chill.
Washington - Herd mentality rules during a financial crisis because people are wired to follow the crowd when times are uncertain, experts say.
Brain and behaviour studies clearly show that when information is scarce and threats seem imminent, people often stop listening to their own logic and look to see what others are doing.
( Read more... )
Source here.
P.S. Neuroeconomist as a profession is so cool!
Washington - Herd mentality rules during a financial crisis because people are wired to follow the crowd when times are uncertain, experts say.
Brain and behaviour studies clearly show that when information is scarce and threats seem imminent, people often stop listening to their own logic and look to see what others are doing.
( Read more... )
Source here.
P.S. Neuroeconomist as a profession is so cool!
