IDEAS home Printed from https://ideas.repec.org/a/eee/gamebe/v52y2005i2p305-315.html
   My bibliography  Save this article

Neurally reconstructing expected utility

Author

Listed:
  • Knutson, Brian
  • Peterson, Richard

Abstract

No abstract is available for this item.

Suggested Citation

  • Knutson, Brian & Peterson, Richard, 2005. "Neurally reconstructing expected utility," Games and Economic Behavior, Elsevier, vol. 52(2), pages 305-315, August.
    • Handle: RePEc:eee:gamebe:v:52:y:2005:i:2:p:305-315
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0899-8256(05)00006-0
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Michael L. Platt & Paul W. Glimcher, 1999. "Neural correlates of decision variables in parietal cortex," Nature, Nature, vol. 400(6741), pages 233-238, July.
    2. McCabe, Kevin & Houser, Daniel & Ryan, Lee & Smith, Vernon & Trouard, Ted, 2001. "A Functional Imaging Study of Cooperation in Two-Person reciprocal Exchange," MPRA Paper 5172, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marianne Andries & Valentin Haddad, 2020. "Information Aversion," Journal of Political Economy, University of Chicago Press, vol. 128(5), pages 1901-1939.
    2. Chanel, Olivier & Chichilnisky, Graciela, 2013. "Valuing life: Experimental evidence using sensitivity to rare events," Ecological Economics, Elsevier, vol. 85(C), pages 198-205.
    3. Witt, Ulrich & Binder, Martin, 2013. "Disentangling motivational and experiential aspects of “utility” – A neuroeconomics perspective," Journal of Economic Psychology, Elsevier, vol. 36(C), pages 27-40.
    4. Beugré, Constant D., 2009. "Exploring the neural basis of fairness: A model of neuro-organizational justice," Organizational Behavior and Human Decision Processes, Elsevier, vol. 110(2), pages 129-139, November.
    5. Egbert, Henrik & Mengov, George, 2009. "Satisfaction and Disappointment in Consumer Choices," MPRA Paper 55595, University Library of Munich, Germany.
    6. Anna Gardocka-Jałowiec, 2011. "Neuroeconomic Conditioning of the Influence of a Market Demand of Consumers on an Innovative Character of Polish Companies," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 5(1), March.
    7. Martin Binder, 2009. "Some Considerations Regarding the Problem of Multidimensional Utility," Jena Economics Research Papers 2009-099, Friedrich-Schiller-University Jena.
    8. Nathalie Etchart-Vincent, 2009. "The shape of the utility function under risk in the loss domain and the "ruinous losses" hypothesis: some experimental results," Economics Bulletin, AccessEcon, vol. 29(2), pages 1393-1402.
    9. Brañas Garza, Pablo & Espinosa Alejos, María Paz & Repollés Pro, María, 2010. "Time discounting (delta) and pain anticipation: Experimental evidence," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    10. Andersen, Steffen & Harrison, Glenn W. & Lau, Morten Igel & Rutström, Elisabet E., 2010. "Behavioral econometrics for psychologists," Journal of Economic Psychology, Elsevier, vol. 31(4), pages 553-576, August.
    11. Yixin Hu & Dawei Wang & Kaiyuan Pang & Guangxing Xu & Jinhong Guo, 2015. "The effect of emotion and time pressure on risk decision-making," Journal of Risk Research, Taylor & Francis Journals, vol. 18(5), pages 637-650, May.
    12. Andrew W. Lo, 2009. "Regulatory reform in the wake of the financial crisis of 2007‐2008," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 1(1), pages 4-43, April.
    13. Teck H. Ho & Noah Lim & Colin Camerer, 2005. "Modeling the Psychology of Consumer and Firm Behavior with Behavioral Economics," Levine's Bibliography 784828000000000476, UCLA Department of Economics.
    14. Kazuhiro Miyagawa & Tadanobu Misawa & Tetsuya Shimokawa, 2011. "The role of the orbitofrontal cortex in human adaptive learning under strategic environments," Economics Bulletin, AccessEcon, vol. 31(3), pages 2284-2297.
    15. Daniel A Newark, 2020. "Desire and pleasure in choice," Rationality and Society, , vol. 32(2), pages 168-196, May.
    16. Lusk, Jayson L. & Crespi, John M. & McFadden, Brandon R. & Cherry, J. Bradley C. & Martin, Laura & Bruce, Amanda, 2016. "Neural antecedents of a random utility model," Journal of Economic Behavior & Organization, Elsevier, vol. 132(PA), pages 93-103.
    17. Albrecht, Konstanze & Volz, Kirsten G. & Sutter, Matthias & Laibson, David I. & Yves von Cramon, D., 2011. "What Is for Me Is Not for You: Brain Correlates of Intertemporal Choice for Self and Other," Scholarly Articles 9972760, Harvard University Department of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bhatt, Meghana & Camerer, Colin F., 2005. "Self-referential thinking and equilibrium as states of mind in games: fMRI evidence," Games and Economic Behavior, Elsevier, vol. 52(2), pages 424-459, August.
    2. Jan B Engelmann & C Monica Capra & Charles Noussair & Gregory S Berns, 2009. "Expert Financial Advice Neurobiologically “Offloads” Financial Decision-Making under Risk," PLOS ONE, Public Library of Science, vol. 4(3), pages 1-14, March.
    3. Daniel Serra, 2021. "Decision-making: from neuroscience to neuroeconomics—an overview," Theory and Decision, Springer, vol. 91(1), pages 1-80, July.
    4. Kimbrough, E.O. & Vostroknutov, A., 2012. "Rules, rule-following and cooperation," Research Memorandum 053, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    5. Houser, Daniel & Schunk, Daniel & Winter, Joachim, 2006. "Trust Games Measure Trust," Discussion Papers in Economics 1350, University of Munich, Department of Economics.
    6. Alan Sanfey, 2009. "Expectations and social decision-making: biasing effects of prior knowledge on Ultimatum responses," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 8(1), pages 93-107, June.
    7. Laurette Dubé & Antoine Bechara & Ulf Böckenholt & Asim Ansari & Alain Dagher & Mark Daniel & Wayne DeSarbo & Lesley Fellows & Ross Hammond & Terry Huang & Scott Huettel & Yan Kestens & Bärbel Knäuper, 2009. "Towards a brain-to-society systems model of individual choice," Marketing Letters, Springer, vol. 20(1), pages 105-106, March.
    8. Castillo, Marco & Dickinson, David L., 2022. "Sleep restriction increases coordination failure," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 358-370.
    9. Dürsch, Peter & Kolb, Albert & Oechssler, Jörg & Schipper, Burkhard C., 2005. "Rage Against the Machines: How Subjects Learn to Play Against Computers," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 63, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    10. Glimcher, Paul W. & Tymula, Agnieszka A., 2023. "Expected subjective value theory (ESVT): A representation of decision under risk and certainty," Journal of Economic Behavior & Organization, Elsevier, vol. 207(C), pages 110-128.
    11. Mario A. Maggioni & Domenico Rossignoli, 2021. "If it Looks like a Human and Speaks like a Human..," DISEIS - Quaderni del Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo dis2101, Università Cattolica del Sacro Cuore, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo (DISEIS).
    12. Jeffrey J Stott & A David Redish, 2015. "Representations of Value in the Brain: An Embarrassment of Riches?," PLOS Biology, Public Library of Science, vol. 13(6), pages 1-7, June.
    13. Wan-Yu Shih & Hsiang-Yu Yu & Cheng-Chia Lee & Chien-Chen Chou & Chien Chen & Paul W. Glimcher & Shih-Wei Wu, 2023. "Electrophysiological population dynamics reveal context dependencies during decision making in human frontal cortex," Nature Communications, Nature, vol. 14(1), pages 1-24, December.
    14. Ryan Webb & Paul W. Glimcher & Kenway Louie, 2021. "The Normalization of Consumer Valuations: Context-Dependent Preferences from Neurobiological Constraints," Management Science, INFORMS, vol. 67(1), pages 93-125, January.
    15. Farjam, Mike & Kirchkamp, Oliver, 2018. "Bubbles in hybrid markets: How expectations about algorithmic trading affect human trading," Journal of Economic Behavior & Organization, Elsevier, vol. 146(C), pages 248-269.
    16. Erik O. Kimbrough & Alexander Vostroknutov, 2016. "Norms Make Preferences Social," Journal of the European Economic Association, European Economic Association, vol. 14(3), pages 608-638, June.
    17. Mario A. Maggioni & Domenico Rossignoli, 2021. "If it Looks like a Human and Speaks like a Human ... Dialogue and cooperation in human-robot interactions," Papers 2104.11652, arXiv.org, revised May 2021.
    18. Engelmann, Jan B. & Damaraju, Eswar & Padmala, Srikanth & Pessoa, Luiz, 2009. "Combined effects of attention and motivation on visual task performance: transient and sustained motivational effects," MPRA Paper 52133, University Library of Munich, Germany.
    19. Brocas, Isabelle & Carrillo, Juan D., 2012. "From perception to action: An economic model of brain processes," Games and Economic Behavior, Elsevier, vol. 75(1), pages 81-103.
    20. Brice Corgnet & Mark Desantis & David Porter, 2018. "What Makes a Good Trader? On the Role of Intuition and Reflection on Trader Performance," Journal of Finance, American Finance Association, vol. 73(3), pages 1113-1137, June.

    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:eee:gamebe:v:52:y:2005:i:2:p:305-315. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622836 .

    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.