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in which decision-making is usually construed in philosophy, economics and psychology, I review many important findings …
Persistent link: https://www.econbiz.de/10012776379
Although it is still controversial, neuromarketing remains the most promising area of marketing. Basically, the goal of neuromarketing is to study how human brain is affected by marketing stimuli. In neuromarketing, brain activity can be monitored and measured using state-of-the-art neuroimaging...
Persistent link: https://www.econbiz.de/10012959535
Money', receives full support by recent research in psychology and neuroscience. I take this issue as a litmus test that …
Persistent link: https://www.econbiz.de/10013053966
psychology and neuroscience, and their continual concern with the changing relation between theory and evidence, has produced …
Persistent link: https://www.econbiz.de/10012993779
. While behaviourism has long gone out of fashion in psychology and linguistics, it remains the dominant orthodoxy in …
Persistent link: https://www.econbiz.de/10011258839
Neuroeconomics and behavioral economics belong to the most dynamic fields in contemporary economics. However, from the viewpoint of economic methodology (Ross, Pesendorfer et al.) there are still substantial reasons why they are totally irrelevant for economic theory. This paper argues that they...
Persistent link: https://www.econbiz.de/10014048317
Neuroeconomics rightly has been claimed to be a natural extension of bioeconomics. One of the things bioeconomics investigates is what behavioral dispositions and what behavioral patterns evolutionary processes have produced. Neuroeconomics extends this to the study of evolved mechanisms that...
Persistent link: https://www.econbiz.de/10014189233
Neuroeconomics stays in the center of the ongoing naturalistic turn in economics. It portrays the individual as a complex system of decision making mechanisms and modules. This results into a conceptual tension with the standard economic notion of the unity of the actor that is a systemic...
Persistent link: https://www.econbiz.de/10005026968
Economics is increasingly adopting the methodological standards and procedures of the natural sciences. The paper analyzes this 'naturalistic turn' from the philosophical perspective on naturalism, and I discuss the implications for the field of finance. The theory of finance is an interesting...
Persistent link: https://www.econbiz.de/10005027044
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 cannot be revealed with any general...
Persistent link: https://www.econbiz.de/10008620454