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Cultural neuroeconomics of intertemporal choice
Takahashi, Taiki; Hadzibeganovic, Tarik; Cannas, Sergio; … - Volkswirtschaftliche Fakultät, … - 2009
gap by considering the links between the theory of cultural neuroscience and neuroeconomic theory of the role of attention … cultural neuroeconomic theory. Future study directions, employing computational modeling via neural networks, are briefly …
Persistent link: https://www.econbiz.de/10005034367
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Behavioral Public Economics: Welfare and Policy Analysis with Non-Standard Decision-Makers
Bernheim, B. Douglas; Rangel, Antonio - Stanford Institute for Economic Policy Research … - 2005
This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard (“behavioral”) assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10010878010
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Neuroeconomics?
Levine, David - In: International Review of Economics 58 (2011) 3, pp. 287-305
Persistent link: https://www.econbiz.de/10009324769
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BOUNDED RATIONALITY AND PERFECT RATIONALITY: PSYCHOLOGY INTO ECONOMICS
Schilirò, Daniele - In: Theoretical and Practical Research in Economic Fields III (2013) 2, pp. 101-111
classical theory of choice would suggest, the economic agents are rational and the markets are or should be efficient and behave … also rationally. This contribution tries to highlight some well-known limits of the classical theory of rational choice and … compare this theory of choice with bounded rationality, which is a different notion of rationality, and with an approach that …
Persistent link: https://www.econbiz.de/10010604539
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BOUNDED RATIONALITY AND PERFECT RATIONALITY: PSYCHOLOGY INTO ECONOMICS
Schilirò, Daniele - In: Theoretical and Practical Research in Economic Fields III (2012) 2, pp. 101-111
classical theory of choice would suggest, the economic agents are rational and the markets are or should be efficient and behave … also rationally. This contribution tries to highlight some well-known limits of the classical theory of rational choice and … compare this theory of choice with bounded rationality, which is a different notion of rationality, and with an approach that …
Persistent link: https://www.econbiz.de/10010698859
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HEURISTICS USED BY HUMANS WITH PREFRONTAL CORTEX DAMAGE: TOWARD AN EMPIRICAL MODEL OF PHINEAS GAGE
Houser, Daniel; McCabe, Kevin; Keane, Michael; Bechara, … - EconWPA - 2003
in the gambling experiment (Bechara, Damasio, Damasio and Anderson, 1994). An advantage of our classification approach is …
Persistent link: https://www.econbiz.de/10005062723
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Do key investor information documents enhance retail investors’ understanding of financial products? Empirical evidence
Oehler, Andreas; Höfer, Andreas; Wendt, Stefan - In: Journal of Financial Regulation and Compliance 22 (2014), pp. 115-127
Purpose – The purpose of this paper is to analyze whether key investor information documents (KIDs) provided by suppliers/issuers help retail investors to understand the key characteristics of financial products. KIDs are fact sheets composed to describe the characteristics of financial...
Persistent link: https://www.econbiz.de/10010795438
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Od człowieka racjonalnego do emocjonalnego. Zmiana paradygmatu nauk ekonomicznych
Wach, Krzysztof - Volkswirtschaftliche Fakultät, … - 2010
The paper discusses the concept of an economic man in economics and management. The concept of “homo oeconomicus” assumes the full rational behaviour of a deciding man and was applied in classical and neoclassical theories. Based on resent findings of the neuronal, cognitive and behavioural...
Persistent link: https://www.econbiz.de/10009147885
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Neuroeconomics: Constructing Identity
Davis, John B - Department of Economics, College of Business Administration - 2010
This paper asks whether neuroeconomics will make instrumental use of neuroscience to adjudicate existing disputes in economics or be more seriously informed by neuroscience in ways that might transform economics. The paper pursues the question by asking how neuroscience constructs an...
Persistent link: https://www.econbiz.de/10008671501
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What neuroeconomics does really mean ?
Schmidt, Christian - In: Revue d'économie politique 118 (2008) 1, pp. 7-34
The paper starts with a discussion of the different ways to understand the neuroeconomic research program. It argues for multilevel connections between different kinds of models (logical, behavioral, and neural). Then, it surveys the various contributions of this neuroeconomic approach to three...
Persistent link: https://www.econbiz.de/10008680232