Article

Groupthink: Collective Delusions in Organizations and Markets

Roland Bénabou

JEL codes

  • D03: Behavioral Microeconomics • Underlying Principles
  • D23: Organizational Behavior • Transaction Costs • Property Rights
  • D83: Search • Learning • Information and Knowledge • Communication • Belief
  • D84: Expectations • Speculations
  • E32: Business Fluctuations • Cycles
  • Z1: Cultural Economics • Economic Sociology • Economic Anthropology

Published in

The Review of Economic Studies, vol. 80, n. 2, 2013, pp. 429–462