Neuroeconomics

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Author :
Publisher : Academic Press
ISBN 13 : 0123914698
Total Pages : 606 pages
Book Rating : 4.1/5 (239 download)

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Book Synopsis Neuroeconomics by : Paul W. Glimcher

Download or read book Neuroeconomics written by Paul W. Glimcher and published by Academic Press. This book was released on 2013-08-13 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the years since it first published, Neuroeconomics: Decision Making and the Brain has become the standard reference and textbook in the burgeoning field of neuroeconomics. The second edition, a nearly complete revision of this landmark book, will set a new standard. This new edition features five sections designed to serve as both classroom-friendly introductions to each of the major subareas in neuroeconomics, and as advanced synopses of all that has been accomplished in the last two decades in this rapidly expanding academic discipline. The first of these sections provides useful introductions to the disciplines of microeconomics, the psychology of judgment and decision, computational neuroscience, and anthropology for scholars and students seeking interdisciplinary breadth. The second section provides an overview of how human and animal preferences are represented in the mammalian nervous systems. Chapters on risk, time preferences, social preferences, emotion, pharmacology, and common neural currencies—each written by leading experts—lay out the foundations of neuroeconomic thought. The third section contains both overview and in-depth chapters on the fundamentals of reinforcement learning, value learning, and value representation. The fourth section, "The Neural Mechanisms for Choice, integrates what is known about the decision-making architecture into state-of-the-art models of how we make choices. The final section embeds these mechanisms in a larger social context, showing how these mechanisms function during social decision-making in both humans and animals. The book provides a historically rich exposition in each of its chapters and emphasizes both the accomplishments and the controversies in the field. A clear explanatory style and a single expository voice characterize all chapters, making core issues in economics, psychology, and neuroscience accessible to scholars from all disciplines. The volume is essential reading for anyone interested in neuroeconomics in particular or decision making in general. - Editors and contributing authors are among the acknowledged experts and founders in the field, making this the authoritative reference for neuroeconomics - Suitable as an advanced undergraduate or graduate textbook as well as a thorough reference for active researchers - Introductory chapters on economics, psychology, neuroscience, and anthropology provide students and scholars from any discipline with the keys to understanding this interdisciplinary field - Detailed chapters on subjects that include reinforcement learning, risk, inter-temporal choice, drift-diffusion models, game theory, and prospect theory make this an invaluable reference - Published in association with the Society for Neuroeconomics—www.neuroeconomics.org - Full-color presentation throughout with numerous carefully selected illustrations to highlight key concepts

Decisions, Uncertainty, and the Brain

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Author :
Publisher : MIT Press
ISBN 13 : 9780262572279
Total Pages : 404 pages
Book Rating : 4.5/5 (722 download)

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Book Synopsis Decisions, Uncertainty, and the Brain by : Paul W. Glimcher

Download or read book Decisions, Uncertainty, and the Brain written by Paul W. Glimcher and published by MIT Press. This book was released on 2004-09-17 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this provocative book, Paul Glimcher argues that economic theory may provide an alternative to the classical Cartesian model of the brain and behavior. Glimcher argues that Cartesian dualism operates from the false premise that the reflex is able to describe behavior in the real world that animals inhabit. A mathematically rich cognitive theory, he claims, could solve the most difficult problems that any environment could present, eliminating the need for dualism by eliminating the need for a reflex theory. Such a mathematically rigorous description of the neural processes that connect sensation and action, he explains, will have its roots in microeconomic theory. Economic theory allows physiologists to define both the optimal course of action that an animal might select and a mathematical route by which that optimal solution can be derived. Glimcher outlines what an economics-based cognitive model might look like and how one would begin to test it empirically. Along the way, he presents a fascinating history of neuroscience. He also discusses related questions about determinism, free will, and the stochastic nature of complex behavior.

Foundations of Neuroeconomic Analysis

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Author :
Publisher : OUP USA
ISBN 13 : 0199744254
Total Pages : 488 pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis Foundations of Neuroeconomic Analysis by : Paul W. Glimcher

Download or read book Foundations of Neuroeconomic Analysis written by Paul W. Glimcher and published by OUP USA. This book was released on 2011 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neuroeconomics has emerged at the border of the social and natural sciences. This book argues that a meaningful interdisciplinary synthesis of the study of human and animal choice is not only desirable, but also well underway, and so it is time to develop formally a foundational approach for the field.

Vigor

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Publisher : MIT Press
ISBN 13 : 0262358700
Total Pages : 369 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Vigor by : Reza Shadmehr

Download or read book Vigor written by Reza Shadmehr and published by MIT Press. This book was released on 2020-07-21 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the link between the vigor with which we move and the value that the brain assigns to the goal of the movement. Why do we reflexively run toward people we love, but only walk toward others? In Vigor, Reza Shadmehr and Alaa Ahmed examine the link between how the brain assigns value to things and how it controls our movements. They find that brain regions thought to be principally involved in decision making also affect movement vigor--and that brain regions thought to be principally responsible for movement also bias patterns of decision making.

Neuroeconomics

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Author :
Publisher : Springer
ISBN 13 : 364235923X
Total Pages : 500 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Neuroeconomics by : Martin Reuter

Download or read book Neuroeconomics written by Martin Reuter and published by Springer. This book was released on 2016-10-06 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents one of the cornerstones of the series Studies in Neuroscience, Psychology and Behavioral Economics. It is divided into eight sections, starting with an introduction to neuroeconomics followed by an overview of frequently applied experimental paradigms (games) in neuroeconomics research. Furthermore, it addresses the molecular basis of human decision making, environmental/situational factors and social contexts influencing human decision making, as well as translational and developmental/clinical approaches to neuroeconomics. In closing, a paper on neuro-marketing demonstrates how knowledge from neuroeconomics research can be applied in “real life.” Culminating in an extensive methods section, in which eight different neuroscience techniques are introduced, the book offers an essential resource for researchers and practitioners, and may also be beneficial for graduate students.

Neuroeconomics

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Publisher : Academic Press
ISBN 13 : 008092106X
Total Pages : 557 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Neuroeconomics by : Paul W. Glimcher

Download or read book Neuroeconomics written by Paul W. Glimcher and published by Academic Press. This book was released on 2008-10-10 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neuroeconomics is a new highly promising approach to understanding the neurobiology of decision making and how it affects cognitive social interactions between humans and societies/economies. This book is the first edited reference to examine the science behind neuroeconomics, including how it influences human behavior and societal decision making from a behavioral economics point of view. Presenting a truly interdisciplinary approach, Neuroeconomics presents research from neuroscience, psychology, and behavioral economics, and includes chapters by all the major figures in the field, including two Economics Nobel laureates.* An authoritative reference written and edited by acknowledged experts and founders of the field * Presents an interdisciplinary view of the approaches, concepts, and results of the emerging field of neuroeconomics relevant for anyone interested in this area of research* Full-color presentation throughout with carefully selected illustrations to highlight key concepts

Neuroeconomics

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Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1848553056
Total Pages : 350 pages
Book Rating : 4.8/5 (485 download)

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Book Synopsis Neuroeconomics by : Daniel Houser

Download or read book Neuroeconomics written by Daniel Houser and published by Emerald Group Publishing. This book was released on 2008-12-01 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers the various topics in health economics including the production of and demand for health; the demand for medical care services; the financing of these services; the markets for physicians, nurses, dentists, hospitals, and drugs; the economics of substance use; health in developing countries; and, the economics of medical technology.

Neuroeconomics

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Author :
Publisher : OUP USA
ISBN 13 : 0195305825
Total Pages : 234 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Neuroeconomics by : Peter Politser

Download or read book Neuroeconomics written by Peter Politser and published by OUP USA. This book was released on 2008-03-12 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the burgeoning field of neuroeconomics, this book brings together the essential concepts the discipline draws on from psychology, neuroscience and economics.

Neuroeconomics, Judgment, and Decision Making

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Author :
Publisher : Psychology Press
ISBN 13 : 1317652746
Total Pages : 310 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Neuroeconomics, Judgment, and Decision Making by : Evan A. Wilhelms

Download or read book Neuroeconomics, Judgment, and Decision Making written by Evan A. Wilhelms and published by Psychology Press. This book was released on 2014-07-11 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores how and why people make judgments and decisions that have economic consequences, and what the implications are for human well-being. It provides an integrated review of the latest research from many different disciplines, including social, cognitive, and developmental psychology; neuroscience and neurobiology; and economics and business. The book has six areas of focus: historical foundations; cognitive consistency and inconsistency; heuristics and biases; neuroeconomics and neurobiology; developmental and individual differences; and improving decisions. Throughout, the contributors draw out implications from traditional behavioral research as well as evidence from neuroscience. In recent years, neuroscientific methods have matured, beyond being simply correlational and descriptive, into theoretical prediction and explanation, and this has opened up many new areas of discovery about economic behavior that are reviewed in the book. In the final part, there are applications of the research to cognitive development, individual differences, and the improving of decisions. The book takes a broad perspective and is written in an accessible way so as to reach a wide audience of advanced students and researchers interested in behavioral economics and related areas. This includes neuroscientists, neuropsychologists, clinicians, psychologists (developmental, social, and cognitive), economists and other social scientists; legal scholars and criminologists; professionals in public health and medicine; educators; evidence-based practitioners; and policy-makers.

Neuroeconomics and the Decision-Making Process

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Author :
Publisher : IGI Global
ISBN 13 : 1466699906
Total Pages : 377 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Neuroeconomics and the Decision-Making Process by : Christiansen, Bryan

Download or read book Neuroeconomics and the Decision-Making Process written by Christiansen, Bryan and published by IGI Global. This book was released on 2016-03-17 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neuroeconomics has emerged as a field of study with the goal of understanding the human decision-making process and the mental consideration of multiple outcomes based on a selected action. In particular, neuroeconomics emphasizes how economic conditions can impact and influence the decision-making process and alternately, how human actions have the power to impact economic conditions. Neuroeconomics and the Decision-Making Process 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, this publication is an essential reference source for economists, psychologists, business professionals, and graduate-level students across disciplines.

Neuroeconomic and Behavioral Aspects of Decision Making

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Author :
Publisher : Springer
ISBN 13 : 3319629387
Total Pages : 409 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Neuroeconomic and Behavioral Aspects of Decision Making by : Kesra Nermend

Download or read book Neuroeconomic and Behavioral Aspects of Decision Making written by Kesra Nermend and published by Springer. This book was released on 2017-10-06 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceedings volume presents the latest scientific research and trends in experimental economics, with particular focus on neuroeconomics. Derived from the 2016 Computational Methods in Experimental Economics (CMEE) conference held in Szczecin, Poland, this book features research and analysis of novel computational methods in neuroeconomics. Neuroeconomics is an interdisciplinary field that combines neuroscience, psychology and economics to build a comprehensive theory of decision making. At its core, neuroeconomics analyzes the decision-making process not only in terms of external conditions or psychological aspects, but also from the neuronal point of view by examining the cerebral conditions of decision making. The application of IT enhances the possibilities of conducting such analyses. Such studies are now performed by software that provides interaction among all the participants and possibilities to register their reactions more accurately. This book examines some of these applications and methods. Featuring contributions on both theory and application, this book is of interest to researchers, students, academics and professionals interested in experimental economics, neuroeconomics and behavioral economics.

Neuroeconomics

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Author :
Publisher : Elsevier Inc. Chapters
ISBN 13 : 0128073144
Total Pages : 36 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Neuroeconomics by : Laurie R. Santos

Download or read book Neuroeconomics written by Laurie R. Santos and published by Elsevier Inc. Chapters. This book was released on 2013-08-13 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this chapter we discuss why behavioral studies of irrational biases in non-human primates are important for the field of neuroeconomics. We begin with a review of how behavioral work on choice biases in monkeys is important for understanding the nature of human choice errors. We then provide an introduction to the primate cognition approach, including a short overview of the organization of the primate order. We then briefly review the ecology and cognition of two primate species standardly used as models of human irrational decision making — brown capuchins and rhesus macaques. We next discuss empirical studies demonstrating that monkeys show human-like irrational errors in three of the classic situations in which human participants fall prey to biases: monkeys exhibit framing effects in risky decisions, they show endowment effects, and they are averse to ambiguous outcomes. We conclude our chapter with a discussion of how future work in neuroeconomics can capitalize on these new behavioral findings in monkeys.

Midbrain Mutiny

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Author :
Publisher : Bradford Books
ISBN 13 : 9780262517584
Total Pages : 301 pages
Book Rating : 4.5/5 (175 download)

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Book Synopsis Midbrain Mutiny by : Don Ross

Download or read book Midbrain Mutiny written by Don Ross and published by Bradford Books. This book was released on 2012-01 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of how economic theories can be used to understand disordered andpathological gambling that calls on empirical evidence about behavior and the brain and argues thataddictive gambling is the basic form of all addiction.

Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics

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Author :
Publisher : IGI Global
ISBN 13 : 179986426X
Total Pages : 257 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics by : Larsen, Torben

Download or read book Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics written by Larsen, Torben and published by IGI Global. This book was released on 2021-05-21 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Psychological and ecological research has eroded the foundation of mainstream economics, and a new approach is needed rather than an adaptation of existing theory. The most promising new approach is doughnut economics (DE), version 2.0 of the discipline of economics for the 21st century that presents economics as an embedded discipline between the social foundation and the ecosystem with a focus on the disciplinary boundaries. The study of neuroeconomics, such as doughnut economics, still holds a gap between “laboratory” findings on homo neuroeconomics and the issues in contemporary behavioral economics. To understand a positivist application of doughnut economics within the new economic frameworks of the 21st century, further research must be discussed. Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics follows the economic history from the Stone Age to that of the modern creative man and then provides a specific focus on doughnut economics and 21st century neuroeconomics. This new type of behavioral economics will be linked to neuroeconomic psychology and behavioral science with a focus in areas such as cognitive training, economic ecology, the new welfare economy, and globalized markets. This book is ideal for health economists, economists, leaders in politics and business, psychologists, economic theorists, practitioners, researchers, academicians, and students interested in doughnut economics and the psychology behind it.

Neuroeconomics

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Author :
Publisher : Elsevier Inc. Chapters
ISBN 13 : 012807325X
Total Pages : 46 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Neuroeconomics by : Kent C. Berridge

Download or read book Neuroeconomics written by Kent C. Berridge and published by Elsevier Inc. Chapters. This book was released on 2013-08-13 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter discusses how different forms of outcome utility are embedded in brain systems. Experienced utility, the actual pleasure of an outcome when received, is encoded by a neural activations in a network that includes limbic prefrontal cortex as well as deep brain structures below the cortex, but it is possible that causal generation of experienced utility, in the form of intense pleasures, may be more restricted to small hotspots within the deeper structures. Decision utility, manifested in choices to pursue or consume an outcome, is influenced by additional factors, including memories of past experienced utility resulting from outcomes (remembered utility), and predictions or beliefs about how good experienced utilities are likely to be in future (anticipated/predicted utility). Brain circuitry for decision utility can be separated to a degree from circuitry for experienced utility, and the brain mesolimbic dopamine system is one component that is especially important to decision utility as a mechanism for making choices. However, there is some controversy in the field today concerning the precise role of dopamine in decisions. One common view has been that mesolimbic dopamine influences choice by mediating learning and predicted utility (as teaching signal and prediction error), acting as an input to decision utility. An alternative view is that mesolimbic dopamine instead more purely mediates decision utility directly (as incentive salience or ‘wanting’), being able to depart from learned or remembered utilities, and not necessary for reward learning or predictions. Berridge and O’Doherty favor different sides in this dopamine controversy, and so the authors here distill those different views into a brief debate. Finally, the relations among brain systems for various utilities opens up interaction possibilities that sometimes lead to irrational choices. These include ‘wanting’ a particular outcome whether or not that outcome turns out to be actually ‘liked’. That phenomenon is particularly vivid in addiction but also may occur to some degree in ordinary life.

Neuroeconomics

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Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1848553048
Total Pages : 350 pages
Book Rating : 4.8/5 (485 download)

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Book Synopsis Neuroeconomics by : Daniel Houser

Download or read book Neuroeconomics written by Daniel Houser and published by Emerald Group Publishing. This book was released on 2008-12-01 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers the various topics in health economics including the production of and demand for health; the demand for medical care services; the financing of these services; the markets for physicians, nurses, dentists, hospitals, and drugs; the economics of substance use; health in developing countries; and, the economics of medical technology.

Neuroeconomics

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Author :
Publisher : Elsevier Inc. Chapters
ISBN 13 : 0128073101
Total Pages : 33 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Neuroeconomics by : Eric J. Johnson

Download or read book Neuroeconomics written by Eric J. Johnson and published by Elsevier Inc. Chapters. This book was released on 2013-08-13 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter reviews models of choice on two levels: The first concerns the descriptions of choice and their evolution from normative models of how choices should be make to more behaviorally realistic models, more consistent with data showing that choice depends heavily on context. We present brief overviews of risky and riskless choice models and data and for choice over time. We then turn to computational process models, a more recent class of models that make prediction for multiple properties of the decision process beyond simply what is chosen, including predicting the distribution of errors and decision times.These models are typically applied to simpler choices, but have found great use in contemporary neuroscience.