Gains and Losses: A Common Neural Network for Economic Behaviour
AbstractEvent-related functional magnetic resonance imaging was used to investigate the neural mechanisms underlying intertemporal preference for symmetric gains and losses in certain conditions, by asking subjects to choose between two gains or two losses available at different points in time. Our data suggest that a common system is activated when an immediate reward/punishment is available, irrespectively of the impulsive /reflective behaviour performed by the individual.
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Bibliographic InfoPaper provided by University of Siena in its series Labsi Experimental Economics Laboratory University of Siena with number 033.
Date of creation: Sep 2010
Date of revision:
intertemporal preferences; gains; losses; certainty;
Find related papers by JEL classification:
- D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics
- D90 - Microeconomics - - Intertemporal Choice and Growth - - - General
- D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-10-30 (All new papers)
- NEP-EVO-2010-10-30 (Evolutionary Economics)
- NEP-EXP-2010-10-30 (Experimental Economics)
- NEP-NEU-2010-10-30 (Neuroeconomics)
- NEP-UPT-2010-10-30 (Utility Models & Prospect Theory)
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