Anger, Rationality and Neuroeconomics
AbstractThis paper employs neurobehavioral and psychological evidence to argue that anger is an emotion arising from significant cognitive processing, one that, in relation to economic decision-making, may be subtly mediated by many factors (including intentions). Anger is an emotion implying a higher likelihood of a behavioral response directed against the object of anger. The medial and possibly other prefrontal cortex regions play an important role in anger processing, whereas the amygdala does not. Any eventual difficulty for rational choice may come more from the difficulty of understanding the cognitive underpinnings of anger than from understanding the emotional process itself.
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Bibliographic InfoPaper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number 182.
Date of creation: 01 Dec 2003
Date of revision:
Anger; Emotions; Neuroeconomics; Rationality.;
Find related papers by JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
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- Hoffman, Elizabeth & McCabe, Kevin A & Smith, Vernon L, 1996. "On Expectations and the Monetary Stakes in Ultimatum Games," International Journal of Game Theory, Springer, vol. 25(3), pages 289-301.
- Dr. Peter Kenning & Hilke Plassmann, 2004. "NeuroEconomics," Experimental 0412005, EconWPA.
- Fernando Oliveira, 2010. "Modeling Emotions and Reason in Agent-Based Systems," Computational Economics, Society for Computational Economics, vol. 35(2), pages 155-164, February.
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