{"id":"https://openalex.org/W2983319082","doi":"https://doi.org/10.1016/j.econmod.2019.10.033","title":"The rationality of irrationality in times of financial crises","display_name":"The rationality of irrationality in times of financial crises","publication_year":2019,"publication_date":"2019-11-05","ids":{"openalex":"https://openalex.org/W2983319082","doi":"https://doi.org/10.1016/j.econmod.2019.10.033","mag":"2983319082"},"language":"en","primary_location":{"id":"doi:10.1016/j.econmod.2019.10.033","doi":"https://doi.org/10.1016/j.econmod.2019.10.033","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.econmod.2019.10.033","pdf_url":null,"source":{"id":"https://openalex.org/S141184754","display_name":"Economic Modelling","issn_l":"0264-9993","issn":["0264-9993","1873-6122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Modelling","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5053262702","display_name":"Nicolas Huck","orcid":"https://orcid.org/0000-0002-3597-6412","observed_orcids":["https://orcid.org/0000-0002-3597-6412"]},"institutions":[{"id":"https://openalex.org/I4387155791","display_name":"Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises","ror":"https://ror.org/0106d5c37","country_code":"FR","type":"facility","lineage":["https://openalex.org/I4387155791","https://openalex.org/I90183372"]},{"id":"https://openalex.org/I4400600934","display_name":"ICN Business School Nancy-Paris-Berlin","ror":"https://ror.org/02f3ymk52","country_code":"FR","type":"education","lineage":["https://openalex.org/I4400600934"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"Nicolas Huck","raw_affiliation_strings":["ICN Business School, CEREFIGE, 86 rue du Sergent Blandan, CS 70148, 54003, Nancy Cedex, France","CEREFIGE - Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises (UL, Maison de la Recherche, 23-25 rue Baron Louis, 54000 NANCY - France)","ICN Business School (P\u00f4le lorrain de gestion - 13 Rue Michel Ney - 54000 Nancy - France)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ICN Business School, CEREFIGE, 86 rue du Sergent Blandan, CS 70148, 54003, Nancy Cedex, France","institution_ids":["https://openalex.org/I4387155791","https://openalex.org/I4400600934"]},{"raw_affiliation_string":"CEREFIGE - Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises (UL, Maison de la Recherche, 23-25 rue Baron Louis, 54000 NANCY - France)","institution_ids":["https://openalex.org/I4387155791"]},{"raw_affiliation_string":"ICN Business School (P\u00f4le lorrain de gestion - 13 Rue Michel Ney - 54000 Nancy - France)","institution_ids":["https://openalex.org/I4400600934"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5055281247","display_name":"Hareesh Mavoori","orcid":"https://orcid.org/0000-0002-8084-7580","observed_orcids":["https://orcid.org/0000-0002-8084-7580"]},"institutions":[{"id":"https://openalex.org/I4387155791","display_name":"Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises","ror":"https://ror.org/0106d5c37","country_code":"FR","type":"facility","lineage":["https://openalex.org/I4387155791","https://openalex.org/I90183372"]},{"id":"https://openalex.org/I4400600934","display_name":"ICN Business School Nancy-Paris-Berlin","ror":"https://ror.org/02f3ymk52","country_code":"FR","type":"education","lineage":["https://openalex.org/I4400600934"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"Hareesh Mavoori","raw_affiliation_strings":["ICN Business School, CEREFIGE, 86 rue du Sergent Blandan, CS 70148, 54003, Nancy Cedex, France","CEREFIGE - Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises (UL, Maison de la Recherche, 23-25 rue Baron Louis, 54000 NANCY - France)","ICN Business School (P\u00f4le lorrain de gestion - 13 Rue Michel Ney - 54000 Nancy - France)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ICN Business School, CEREFIGE, 86 rue du Sergent Blandan, CS 70148, 54003, Nancy Cedex, France","institution_ids":["https://openalex.org/I4387155791","https://openalex.org/I4400600934"]},{"raw_affiliation_string":"CEREFIGE - Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises (UL, Maison de la Recherche, 23-25 rue Baron Louis, 54000 NANCY - France)","institution_ids":["https://openalex.org/I4387155791"]},{"raw_affiliation_string":"ICN Business School (P\u00f4le lorrain de gestion - 13 Rue Michel Ney - 54000 Nancy - France)","institution_ids":["https://openalex.org/I4400600934"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038751176","display_name":"Olivier Mesly","orcid":"https://orcid.org/0000-0003-3379-353X","observed_orcids":["https://orcid.org/0000-0003-3379-353X"]},"institutions":[{"id":"https://openalex.org/I4387155791","display_name":"Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises","ror":"https://ror.org/0106d5c37","country_code":"FR","type":"facility","lineage":["https://openalex.org/I4387155791","https://openalex.org/I90183372"]},{"id":"https://openalex.org/I4400600934","display_name":"ICN Business School Nancy-Paris-Berlin","ror":"https://ror.org/02f3ymk52","country_code":"FR","type":"education","lineage":["https://openalex.org/I4400600934"]}],"countries":["FR"],"is_corresponding":true,"raw_author_name":"Olivier Mesly","raw_affiliation_strings":["ICN Business School, CEREFIGE, 86 rue du Sergent Blandan, CS 70148, 54003, Nancy Cedex, France","CEREFIGE - Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises (UL, Maison de la Recherche, 23-25 rue Baron Louis, 54000 NANCY - France)","ICN Business School (P\u00f4le lorrain de gestion - 13 Rue Michel Ney - 54000 Nancy - France)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ICN Business School, CEREFIGE, 86 rue du Sergent Blandan, CS 70148, 54003, Nancy Cedex, France","institution_ids":["https://openalex.org/I4387155791","https://openalex.org/I4400600934"]},{"raw_affiliation_string":"CEREFIGE - Centre Europ\u00e9en de Recherche en Economie Financi\u00e8re et Gestion des Entreprises (UL, Maison de la Recherche, 23-25 rue Baron Louis, 54000 NANCY - France)","institution_ids":["https://openalex.org/I4387155791"]},{"raw_affiliation_string":"ICN Business School (P\u00f4le lorrain de gestion - 13 Rue Michel Ney - 54000 Nancy - France)","institution_ids":["https://openalex.org/I4400600934"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5038751176"],"corresponding_institution_ids":["https://openalex.org/I4387155791","https://openalex.org/I4400600934"],"apc_list":{"value":900,"currency":"USD","value_usd":900},"apc_paid":null,"fwci":3.278,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.9150958,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"89","issue":null,"first_page":"337","last_page":"350"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T14154","display_name":"finance, banking, and market dynamics","score":0.3107999861240387,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T14154","display_name":"finance, banking, and market dynamics","score":0.3107999861240387,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.21719999611377716,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.19779999554157257,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.9670000076293945},{"id":"https://openalex.org/keywords/irrational-exuberance","display_name":"irrational exuberance","score":0.6209999918937683},{"id":"https://openalex.org/keywords/subprime-mortgage-crisis","display_name":"subprime crisis","score":0.8679999709129333},{"id":"https://openalex.org/keywords/toxic-products","display_name":"toxic products","score":0.6190000176429749},{"id":"https://openalex.org/keywords/consumer-behavior","display_name":"consumer behavior","score":0.7649999856948853},{"id":"https://openalex.org/keywords/lender-behavior","display_name":"lender behavior","score":0.5460000038146973},{"id":"https://openalex.org/keywords/financial-regulation","display_name":"financial regulation","score":0.8619999885559082},{"id":"https://openalex.org/keywords/predator-prey-model","display_name":"predator-prey model","score":0.8209999799728394},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.6959999799728394},{"id":"https://openalex.org/keywords/market-dysfunction","display_name":"market dysfunction","score":0.30799999833106995}],"concepts":[{"id":"https://openalex.org/C2777019708","wikidata":"https://www.wikidata.org/wiki/Q1412340","display_name":"Irrationality","level":3,"score":0.9151746034622192},{"id":"https://openalex.org/C38935604","wikidata":"https://www.wikidata.org/wiki/Q4330363","display_name":"Stylized fact","level":2,"score":0.8443185091018677},{"id":"https://openalex.org/C94931360","wikidata":"https://www.wikidata.org/wiki/Q607728","display_name":"Irrational number","level":2,"score":0.7437173128128052},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6793392896652222},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.6520049571990967},{"id":"https://openalex.org/C201717286","wikidata":"https://www.wikidata.org/wiki/Q938185","display_name":"Rationality","level":2,"score":0.6388801336288452},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5429955720901489},{"id":"https://openalex.org/C169355965","wikidata":"https://www.wikidata.org/wiki/Q1164073","display_name":"Homo economicus","level":2,"score":0.5290939807891846},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.4482274353504181},{"id":"https://openalex.org/C96016098","wikidata":"https://www.wikidata.org/wiki/Q853949","display_name":"Rational expectations","level":2,"score":0.4479024410247803},{"id":"https://openalex.org/C2781332510","wikidata":"https://www.wikidata.org/wiki/Q5449713","display_name":"Financial fragility","level":3,"score":0.4105222523212433},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.37863993644714355},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3554370403289795},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.34722208976745605},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2169860303401947},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.1578521728515625},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0890619158744812},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.07629290223121643},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/j.econmod.2019.10.033","doi":"https://doi.org/10.1016/j.econmod.2019.10.033","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.econmod.2019.10.033","pdf_url":null,"source":{"id":"https://openalex.org/S141184754","display_name":"Economic Modelling","issn_l":"0264-9993","issn":["0264-9993","1873-6122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Modelling","raw_type":"journal-article"},{"id":"pmh:oai:HAL:hal-02397506v1","doi":null,"is_oa":false,"landing_page_url":"https://hal.science/hal-02397506","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4405252976","host_organization_name":"Centre pour la Communication Scientifique Directe","host_organization_lineage":["https://openalex.org/I4405252976"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Economic Modelling, 2019, 89, pp.337-350. &#x27E8;10.1016/j.econmod.2019.10.033&#x27E9;","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:eee:ecmode:v:89:y:2020:i:c:p:337-350","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0264999319301890","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":86,"referenced_works":["https://openalex.org/W612136131","https://openalex.org/W630650049","https://openalex.org/W1482743048","https://openalex.org/W1484695179","https://openalex.org/W1495009347","https://openalex.org/W1519634922","https://openalex.org/W1554068783","https://openalex.org/W1585982711","https://openalex.org/W1663605753","https://openalex.org/W1674344672","https://openalex.org/W1688573003","https://openalex.org/W1781551565","https://openalex.org/W1893342905","https://openalex.org/W1966315443","https://openalex.org/W1966946483","https://openalex.org/W1972377093","https://openalex.org/W1972698480","https://openalex.org/W1975083498","https://openalex.org/W1981231724","https://openalex.org/W1991119101","https://openalex.org/W1996748585","https://openalex.org/W2016350106","https://openalex.org/W2021084370","https://openalex.org/W2032586724","https://openalex.org/W2040765600","https://openalex.org/W2055698392","https://openalex.org/W2061011338","https://openalex.org/W2065943373","https://openalex.org/W2066677124","https://openalex.org/W2068120155","https://openalex.org/W2068823413","https://openalex.org/W2078132973","https://openalex.org/W2090317466","https://openalex.org/W2091300753","https://openalex.org/W2092837547","https://openalex.org/W2093302549","https://openalex.org/W2098236943","https://openalex.org/W2108655173","https://openalex.org/W2112130001","https://openalex.org/W2112517056","https://openalex.org/W2118047774","https://openalex.org/W2119956701","https://openalex.org/W2123931028","https://openalex.org/W2133469585","https://openalex.org/W2152928398","https://openalex.org/W2154904079","https://openalex.org/W2156109180","https://openalex.org/W2165714389","https://openalex.org/W2167753259","https://openalex.org/W2169604681","https://openalex.org/W2313349303","https://openalex.org/W2329029318","https://openalex.org/W2330947529","https://openalex.org/W2342972175","https://openalex.org/W2415662000","https://openalex.org/W2499583558","https://openalex.org/W2517125042","https://openalex.org/W2518772759","https://openalex.org/W2523925728","https://openalex.org/W2529396350","https://openalex.org/W2551629613","https://openalex.org/W2551998431","https://openalex.org/W2645835341","https://openalex.org/W2783268020","https://openalex.org/W2800478966","https://openalex.org/W2891795580","https://openalex.org/W2970751998","https://openalex.org/W3011865677","https://openalex.org/W3122573348","https://openalex.org/W3123165011","https://openalex.org/W3124201161","https://openalex.org/W3124287908","https://openalex.org/W3124450350","https://openalex.org/W3124721002","https://openalex.org/W3124868662","https://openalex.org/W3125461597","https://openalex.org/W3125494002","https://openalex.org/W3125555882","https://openalex.org/W4236584637","https://openalex.org/W4254542381","https://openalex.org/W4285719527","https://openalex.org/W4298859129","https://openalex.org/W4321359635","https://openalex.org/W6636111346","https://openalex.org/W6637344690","https://openalex.org/W6724396277"],"related_works":["https://openalex.org/W2891795580","https://openalex.org/W3042962575","https://openalex.org/W3207445015","https://openalex.org/W2517125042","https://openalex.org/W3045319075","https://openalex.org/W2782026538","https://openalex.org/W2796696921","https://openalex.org/W2235016318","https://openalex.org/W1521274271","https://openalex.org/W2789282749"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":8},{"year":2021,"cited_by_count":3}],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2019-11-22T00:00:00"}
