Showing 1 - 10 of 24
Money, when used as an incentive, activates the same neural circuits as rewards associated with physiological needs. However, unlike physiological rewards, monetary stimuli are cultural artifacts: how are monetary stimuli identified in the first place? How and when does the brain identify a...
Persistent link: https://www.econbiz.de/10010554891
In repeated trust-game offers made by investors can be attributed to strategic reciprocation-based behavior. However, when a trustee is loyal, personal trust can build up between players, in the same way that lack of positive reciprocation on the part of trustees can motivate investors'...
Persistent link: https://www.econbiz.de/10010554892
According to an early approach, the decision to trust in the one-shot anonymous trust game is intuitively tantamount to a risky decision: the willingness to bet on the reciprocation of my investment. In a seminal study, Eckel and Wilson (2004) explored the correlation between risk attitudes (as...
Persistent link: https://www.econbiz.de/10010775769
The aim of this paper is to assess the relevance of methodological transfers from behavioral ecology to experimental economics with respect to the elicitation of intertemporal preferences. More precisely our discussion will stem from the analysis of Stephens and Anderson's (2001) seminal...
Persistent link: https://www.econbiz.de/10010571511
Experimental economics and neuroeconomics are likely to provide new insights on the individual and sub-individual (neurobiological processes) anchoring of money illusion. In particular, some recent brain studies show that we appear more "motivated" and "rewarded" by nominal rather than real...
Persistent link: https://www.econbiz.de/10010820493
Neuroeconomic studies are liable to fall into the reverse inference fallacy, a form of affirmation of the consequent. More generally neuroeconomics relies on two problematic steps, namely the inference from brain activities to the engagement of cognitive processes in experimental tasks, and the...
Persistent link: https://www.econbiz.de/10010820807
Parler d'un tournant cognitif de la théorie économique de la décision suppose que celle-ci s'est mise, à un moment donné, à prendre davantage et mieux en compte les processus mentaux – voire neuronaux – qui président au traitement de l'information pertinente pour la prise de décision...
Persistent link: https://www.econbiz.de/10008789068
Regrat helps to optimize decision-behaviour. It can be defined as a rational emotion. Several recent neurobiological studies have confirmed the interface between emotion and cognition at which regret is located and documented its role in decision behaviour. The data give credibility to the...
Persistent link: https://www.econbiz.de/10008789094
We investigate subjective reactions when subjects realize they have been victims of framing-effects in situations of risky choices - that is, when they violated the invariance principle in decision-theory. We try to assess various explanations of this violation in terms of bounded rationality...
Persistent link: https://www.econbiz.de/10008790778
Depuis quelques années, des dizaines d'expériences menées par des économistes en collaboration avec des neuroscientifiques dans plusieurs laboratoires d'imagerie cérébrale à travers le monde sont regroupées sous le label de neuroéconomie. Cette discipline émergente prolongerait les...
Persistent link: https://www.econbiz.de/10008791189