PPT-From hubris to nemesis: Irish banks, behavioural biases, and the crisis

Michael Dowling Dublin city university Brian Lucey Trinity college Dublin A behavioural perspective on Irish bank directors and risk management Background on the paper This paper was written as part of a behavioural finance special issue . Wouter VAN ACKER Hubris or Utopia? Megalomania and imagination in the work of Paul Otlet Cahiers de la documentation EVALUATION (Ao2). 2. Advantages & Limitations. Advantage 1: . Behavioural approaches, especially when combined with cognitive approaches, have proved very effective in treating clients with phobias and other neurotic disorders, such as obsessive-compulsive disorders. They are less successful with more serious disorders such as schizophrenia and psychosis.. a. nd how to fix them!. Your thesis statement should . clearly . 1) name one flaw and 2) say whether or not Ulysses overcomes it.. Weak example: . Ulysses was so full of hubris throughout his journey home, it caused him great distress.. Introduction to Irish . History. John Rickard. Bucknell. University. Irish Geography. Ireland . is an island located at the far Western edge of Europe in the Atlantic Ocean. Map of Ireland. Lying . Tragedies and. The Tragic Hero. Tragedy. A story about an important and heroic figure, who by his own fault and his fate causes his downfall.. Should evoke “fear and pity”: . F. ear that if this could happen to a great man it could happen to any man;. Kaven. Brown. Lena Hines. Austin Jones. Allison . Sandefur. Shanea. Capps. Hubris. Hubris: denotes overconfident pride and arrogance; it is often associated with a lack of humility, not always with the lack of knowledge. A character exhibiting hubris will often equate himself to a God or feel he is above “mere mortals .”. Felicity . Algate. Waking you up. Take a moment to write the words down that you can remember. Do you remember?. Are you sure you remembered ‘sleep’?. Don’t worry, it’s not just you!. 40 -55. “All men by nature desire knowledge.”- Aristotle. Tragedy. Tragedy - . Tragedy dealt with the big themes of love, loss, pride, the abuse of power and the fraught relationships between men and gods. Typically the main protagonist of a tragedy commits some terrible crime without realizing how foolish and arrogant he has been. Then, as he slowly realizes his error, the world crumbles around him. The three great playwrights of tragedy were Aeschylus, Sophocles, and Euripides. . Dean Baker, Co-Director. Center for Economic and Policy Research. April 13. , 2012. Key Points on the Economic Crisis . The main cause was the collapse of the $8 trillion housing bubble. The financial crisis was secondary. Irish Traditional Instruments. Fiddle. Uilleann. Pipes. Harp. Bodhrán. Fiddle. The Fiddle itself is identical to the violin, however it is played differently in widely varying regional styles. The Fiddle is the most high pitched member of the string family which includes the viola, the cello and the double bass.. Antoin E. Murphy . 2. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again (John Maynard Keynes . Purpose: . Discuss techniques for managing biases in order to improve decision making. REF: . Outsmart your Own Biases, HBR 2015. Idea in Brief. The Problem. . Cognitive biases muddy our decision making. We rely too heavily on intuitive, automatic judgements, and even when we try to use reason, our logic is often lazy or flawed.. Let us all focus on looking after our Behavioural Health today and give it the requisite attention – recognise. Read more! . Khurshid Ahmad,. Chair of Computer Science. Trinity College, Dublin, IRELAND. kahmad@cs.tcd.ie. Coursework. In this coursework you will . explore the causes of the 2008 financial . crisis, with special reference to four EU countries –...