Mutually Assured Delusion (MAD)

By Judith Curry | Climate Etc. | November 5, 2013 Groupthink: A pattern of thought charaterized by self-deception, forced manufacture of consent, and conformity to group values and ethics. Groupthink: Collective Delusions in Organizations and Markets, by Roland Benabou, published in the Review of Economic Studies.  Benabou also has a talk (ppt slides) on this […]

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