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Neuroeconomics draws attention to motive forces that have no room in the standard framework of economic theory. The present paper develops a conceptual approach that tackles the issues at the systemic level of the brain, i.e. by analyzing and modeling the brain processes that decide on behavior....
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in which decision-making is usually construed in philosophy, economics and psychology, I review many important findings …
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Each member of a group receives a signal about the unknown state of the world and decides upon a utility-maximizing recommendation on the basis of that signal. The individuals have identical preferences. The group makes a decision that maximizes the common utility function assuming perfect...
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1 Introduction to Cognitive Economics -- 2 Cognitive Household Finance -- 3 Measuring and Minimizing Mistakes -- 4 Cognitive Economics at Work -- 5 Cognitive Capital and Human-AI Interactions -- 6 Work Skills for the Cognitive Economy -- 7 Cognitive Economics in Teaching -- 8. Cognitive...
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