Decision-Making: A Neuroeconomic Perspective
AbstractThis 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 4010.
Date of creation: Jul 2007
Date of revision:
neuroeconomics; decision-making; rationality; ultimatum; philosophy; psychology;
Find related papers by JEL classification:
- B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-07-20 (All new papers)
- NEP-BEC-2007-07-20 (Business Economics)
- NEP-EVO-2007-07-20 (Evolutionary Economics)
- NEP-EXP-2007-07-20 (Experimental Economics)
- NEP-HPE-2007-07-20 (History & Philosophy of Economics)
- NEP-KNM-2007-07-20 (Knowledge Management & Knowledge Economy)
- NEP-NEU-2007-07-20 (Neuroeconomics)
- NEP-UPT-2007-07-20 (Utility Models & Prospect Theory)
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.