A positive correlation between relative position and the neurotransmitter serotonin exists in non-human primates, within an optimal range. This paper explores the reasons of this correlation. The main function of serotonin appears cognitive: it determines how optimally agents perceive and behave in game theoretical interactions, and this can explain the correlational finding. Among humans, within the optimal range serotonin works as a form of human capital, capable of improving the work functioning of agents who respond to serotonergic promoter treatment. Limitations of the existing evidence are also discussed.
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Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number
056.
Find related papers by JEL classification: C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games C99 - Mathematical and Quantitative Methods - - Design of Experiments - - - Other D10 - Microeconomics - - Household Behavior - - - General
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