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The Role of Incentives in the World Financial Crisis

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  • 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.

Suggested Citation

  • Robert J. Aumann, 2010. "The Role of Incentives in the World Financial Crisis," Discussion Paper Series dp536, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
  • Handle: RePEc:huj:dispap:dp536
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