Showing 1 - 10 of 18
Persistent link: https://www.econbiz.de/10009707636
Neuronal mechanisms underlying addiction have been attracting attention in neurobiology, economics, neuropsychiatry, and neuroeconomics. This paper proposes a possible link between economic theory of addiction (Becker and Murphy, 1988) and neurobiological theory of bidirectional synaptic...
Persistent link: https://www.econbiz.de/10014175424
Intertemporal choice has drawn attention in behavioral economics, econophysics, and neuroeconomics. Recent studies in mainstream economics have mainly focused on inconsistency in intertemporal choice (dynamic inconsistency); while impulsivity/impatience in intertemporal choice has been...
Persistent link: https://www.econbiz.de/10014180407
Neuroeconomic conditions for "rational addiction" (Becker and Murphy, 1988) have been unknown. This paper derived the conditions for "rational addiction" by utilizing a nonlinear time-perception theory of "hyperbolic" discounting, which is mathematically equivalent to the q-exponential...
Persistent link: https://www.econbiz.de/10014043133
Persistent link: https://www.econbiz.de/10014161151
Criminal behaviors have been associated with risk, time and social preferences in economics (Becker, 1968; Davis, 1988), criminology (Chamlin and Cochran, 1997), and neurolaw (Goodenough and Tucker, 2010). This study proposes a molecular neuroeconomic framework for the investigation into crime and...
Persistent link: https://www.econbiz.de/10014161277
Because obesity is a risk factor for many serious illnesses such as diabetes, better understandings of obesity and eating disorders have been attracting attention in neurobiology, psychiatry, and neuroeconomics. This paper presents future study directions by unifying economic theory of addiction...
Persistent link: https://www.econbiz.de/10013118164
Recent studies in neuroeconomics and econophysics revealed the importance of reward expectation in decision under uncertainty. Behavioral neuroeconomic studies have proposed that the unpredictability and the probability of an uncertain reward are distinctly encoded as entropy and a distorted...
Persistent link: https://www.econbiz.de/10010872099
Decision under risk and uncertainty (probabilistic choice) has been attracting attention in econophysics and neuroeconomics. This paper proposes a probabilistic choice model based on a mathematical equivalence of delay and uncertainty in decision-making, and the deformed algebra developed in the...
Persistent link: https://www.econbiz.de/10010588706
Intertemporal choice and psychophysics of time perception have been attracting attention in econophysics and neuroeconomics. Several models have been proposed for intertemporal choice: exponential discounting, general hyperbolic discounting (exponential discounting with logarithmic time...
Persistent link: https://www.econbiz.de/10010589624