SOME ASPECTS OF THE ECONOMIC CRISIS

被引:0
作者
Todt, Horst [1 ]
机构
[1] Univ Hamburg, Hamburg, Germany
关键词
economic crisis; mortgages; international banking system;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The article comments on some aspects of the present economic crisis. The role of bonuses in a system with principal-agent relationship is discussed. Several other features like the responsibility of rating institutes are considered. A main point is to question our knowledge about the crisis. New developments in economics take soft factors into account. These factors and the fact that at most "bounded rationality" guides human action throw some doubt on ready-to-hand judgments.
引用
收藏
页码:667 / 674
页数:8
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