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Learning Theory and Experiments in Neuroeconomics

In: Behavioral Economics

Author

Listed:
  • Masao Ogaki

    (Keio University)

  • Saori C. Tanaka

    (ATR Brain Information Communication Research Laboratory Group)

Abstract

Learning is an important factor in decision making under a novel or unstable environment. Reinforcement learning theory is a promising framework as a computational model of the brain in the process of the decision making in humans and animals. The hypothesis of dopamineDopamine in learning signals has been established by a huge amount of experimental evidence in animal neurophysiology and human imaging studies. The quest for the detailed neural mechanism of decision making is the first step to develop an economic theory that can explain real human behavior including individual preference.

Suggested Citation

  • Masao Ogaki & Saori C. Tanaka, 2017. "Learning Theory and Experiments in Neuroeconomics," Springer Texts in Business and Economics, in: Behavioral Economics, chapter 0, pages 105-114, Springer.
  • Handle: RePEc:spr:sptchp:978-981-10-6439-5_7
    DOI: 10.1007/978-981-10-6439-5_7
    as

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