We can often improve the outcomes of decisions in various social contexts as we become more familiar with the motives and strategies of other decision makers. However, the underlying neural mechanisms responsible for such learning remain poorly understood. The neural substrates of learning during social decision making have been studied at the level of single neurons in non-human primates trained in computer-simulated competitive games. The results from these studies have revealed that similar to humans, monkeys adjust their decision-making strategies using both model-free and model-based reinforcement learning algorithms. Neurophysiological recordings also indicate that these computational algorithms are supported by the broad network of cortical and subcortical areas, including the prefrontal cortex, posterior parietal cortex, basal ganglia, and superior colliculus.
This new edition features five sections designed to serve as both classroom-friendly introductions to each of the major subareas in neuroeconomics, and as advanced synopses of all that has been accomplished in the last two decades in this ...
Practitioners of management, entrepreneurship and law firms will also find this book to be a captivating read.
489-500; Vernon L. Smith et al., "Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets," Econometrica, vol. 56, no. 5 (Sept. 1988), pp. 1119-51; David P. Porter and Vernon 108 109 109 109 110 111 112 112 L.
This volume explores how and why people make judgments and decisions that have economic consequences, and what the implications are for human well-being.
This book represents one of the cornerstones of the series Studies in Neuroscience, Psychology and Behavioral Economics.
In this provocative book, Paul Glimcher argues that economic theory may provide an alternative to the classical Cartesian model of the brain and behavior.
Before this book, in which Peter Politser guides the reader through the different regions of study, there was no scientific guide for those interested in neuroeconomics.
... J, 161,163,170, 253,262 Teller, D.Y, 168 Tennenholtz, M., 325 Tepper, J. M., 205 Thompson, I. D., 264 Thompson, K. G., 160,202 Tirole, J., 227 Tobler, P. N, 234,334 Tolhurst, D.J., 208,264,269 Tom, S. M, 348,349,353,387 Tremblay, L, ...
This book was originally published as a special issue of Journal of Economic Methodology.
Why do we reflexively run toward people we love, but only walk toward others? In Vigor, Reza Shadmehr and Alaa Ahmed examine the link between how the brain assigns value to things and how it controls our movements.