IDEAS home Printed from https://ideas.repec.org/a/cup/ecnphi/v37y2021i2p284-303_6.html
   My bibliography  Save this article

Evolutionary mechanisms of choice: Hayekian perspectives on neurophilosophical foundations of neuroeconomics

Author

Listed:
  • Herrmann-Pillath, Carsten

Abstract

Hayek’s seminal contribution to theoretical neurosciences, The Sensory Order (1952) remains neglected in current efforts at integrating the neurosciences, psychology and economics. I defend the view that Hayek presents the case for an evolutionary alternative to leading paradigms in the field and look at two in more detail: the good-based model in neuroeconomics and the dual systems approach in behavioural economics. In both cases, essential Hayekian insights remain valid in the context of modern neuroscience, allow for taking account of recent research, and sketch a dynamic and selectionist model of choice.

Suggested Citation

  • Herrmann-Pillath, Carsten, 2021. "Evolutionary mechanisms of choice: Hayekian perspectives on neurophilosophical foundations of neuroeconomics," Economics and Philosophy, Cambridge University Press, vol. 37(2), pages 284-303, July.
    • Handle: RePEc:cup:ecnphi:v:37:y:2021:i:2:p:284-303_6
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0266267120000371/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:ecnphi:v:37:y:2021:i:2:p:284-303_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/eap .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.