Neuroscience and the economics of decision making
By: edited by Alessandro Innocenti and Angela Sirigu
Series: Routledge advances in experimental and computable economics
Publisher: Routledge
Published: 2012
Place of publication: Abingdon, Oxon; New York
Language: eng
ISBN-13: 9780415678438; 9780203122600
Subjects: BUSINESS & ECONOMICS / Economics / General; Decision making; Cognitive neuroscience; Economic aspects; BUSINESS & ECONOMICS / Decision-Making & Problem Solving; Methodology; BUSINESS & ECONOMICS / General
Description: "This collection reflects the very latest research in neuroscience, psychology and the economics of decision-making. The practice of investigating decision-making from the phases of information collecting and processing to the impact of cognitive processes in economic and social interaction, is a relatively new one in the field of brain research. As such, it involves a new kind of scientist, using different methods and data. This interdisciplinary volume represents a state-of-the-art analysis of the field of neuroscience and economic decision-making. The models of decision-making reported in the book are tested through experimental methods, an approach which is popular in psychology and economics, but still relatively new in the field of neuroscience.This volume explores six key areas:Neural Foundations of Decision-Making Evidence on the Neuroscientific Foundations of Decision-Making Emotions in Decision-Making Learning and Risk Attitude in Decision-Making Probability and Judgment in Decision-Making Eye-tracking Studies of Decision-Making This volume will be of great interest to students and researchers in the fields of political economy, experimental economics and behavioural economics"--

"In the last two decades there has been a flourishing research carried out jointly by economists, psychologists and neuroscientists. This meltdown of competences has lead towards original approaches to investigate the mental and cognitive mechanisms involved in the way the economic agent collects, processes and uses information to make choices. This research field involves a new kind of scientist, trained in different disciplines, familiar in managing experimental data, and with the mathematical foundations of decision making. The ultimate goal of this research is to open the black-box to understand the behavioural and neural processes through which humans set preferences and translate these behaviours into optimal choices. This volume intends to bring forward new results and fresh insights into this matter"--
Notes: Includes bibliographical references.