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Neuroeconomics and Identity

Author

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  • Davis, John B.

    () (Department of Economics Marquette University)

Abstract

This short paper discusses majority and minority views in economics regarding the value of neuroscience for economics - and thus the value of the neuroeconomics research program. It argues that neuroeconomics' reception ultimately depends on whether economists adopt a philosophy of science thinking closer to what exists in other sciences. It then argues that an inadvertent product of this debate is whether people can be identified as relatively independent agents. The paper concludes with comments on what this debate implies about the conception of the decision-maker as a relatively independent identity.

Suggested Citation

  • Davis, John B., 2013. "Neuroeconomics and Identity," Working Papers and Research 2013-10, Marquette University, Center for Global and Economic Studies and Department of Economics.
  • Handle: RePEc:mrq:wpaper:2013-10
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    File URL: http://epublications.marquette.edu/econ_workingpapers/32
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    More about this item

    Keywords

    neuroeconomics; philosophy of science; instrumentalism; formalism; decision-maker autonomy; identity;

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics

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