In the financial crisis that precipitated the 2007-2009 recession,people systematically overestimated their prospects for financial gain.Which branch of economics would most likely have expected to predict this?

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Behavioral economics is concerned with how people make decisions, and in this case, how people's cognitive biases and heuristics led them to overestimate their prospects for financial gain. Neoclassical and classical economics tend to assume that people are rational and that markets operate efficiently, while Keynesian economics focuses more on macroeconomic issues like government spending and monetary policy.

In the Financial Crisis That Precipitated the 2007-2009 Recession,people Systematically