This article introduces and discusses from a philosophical point of view the nascent field of neuroeconomics, which is the study of neural mechanisms involved in decision-making and their economic significance. Following a survey of the ways in which decision-making is usually construed in philosophy, economics and psychology, I review many important findings in neuroeconomics to show that they suggest a revised picture of decision-making and ourselves as choosing agents. Finally, I outline a neuroeconomic account of irrationality.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
4010.
Find related papers by JEL classification: B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
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