8 In an experimental study in which undergraduates played a monetary policy game by themselves and in groups  of five, Lombardelli, Proudman, and Talbot (2005) found group decisions to be more inertial than individual decisions but closer to that of a policy rule, although Blinder and Morgan (2005) found that groups were no different from individuals in terms of policy activism.
Together with other policy-makers in Canada and abroad, the Bank strives to develop, and contribute to, policy that will help to sustain a stable and efficient financial system over time. This long-term focus aids in creating and maintaining an environment in which risks can be properly assessed and sound investment decisions effectively made.