Can you reconcile that assumption with the circumstances


As much as any other field of study, the field of finance is based on the assumption that people will behave rationally, either in their own self- interest or for the benefit of society. Can you reconcile that assumption with the circumstances or the recent financial crisis? If you can't, summarize some of the forces that were not based on reasoned thinking

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Finance Basics: Can you reconcile that assumption with the circumstances
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