Financial decisions are among the most important life-shaping decisions that people make. We review facts about financial decisions and what cognitive and neural processes influence them. Because of cognitive constraints and a low average level of financial literacy, many household decisions...

Introduction: The functional neuroimaging literature has used many stimuli (e.g., games, pictures, sounds) in fMRI studies to induce activation in brain areas related to psychological processes. To improve the link among psychological processes and their brain mapping, this study integrates the...

The concept of utility is often used in ambiguous ways in economics, from having substantive psychological connotations to being a formal placeholder representing a person's preferences. In the accounts of the early utilitarians, it was a multidimensional measure that has been condensed during...