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Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is "incomplete". That is, it has content that can not be revealed with any general...
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-pecuniary component of utility associated with each choice alternative. Previous work has found that, without parametric restrictions or …-pecuniary component of utility associated with each choice alternative. We develop nonparametric estimators corresponding to two …
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"This book presents the latest research on the relationship between neuroscience, economics, and human decision-making including theoretical foundations, real-world applications, and models for implementation, taking a cross-disciplinary approach to neuroeconomic theory and study"--Provided by...
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