Posts Tagged ‘Behavior’

Predictably Irrational

In the economic/social sciences in general, or in product management in particular, we tend to see human beings as rational-decision-takers. For instance, if we run a market research campaign, we often take the collected responses as given, and do not waste much time in thinking about hidden messages.

The great trade collapse

Recently I came accross a remarkable site with a wealth of information, which helps answer the following questions:

Why did the credit crisis 2008 reach out to the real sector of the world economy? and
Why did this crisis led to such a significant and synchronized slump in sales?