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File name: SSRN-id1004584. ; Size: 286K
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Decision-Making: A Neuroeconomic Perspective
Benoit Hardy-Vallée
University of Toronto - Department of Philosophy
Philosophy Compass, Forthcoming
Abstract:
This article introduces and discusses from a philosophical point of view the nascent field of neuroeconomics, which is the study of neural mechanisms involved in decision-making and their economic significance. Following a survey of the ways in which decision-making is usually construed in philosophy, economics and psychology, I review many important findings in neuroeconomics to show that they suggest a revised picture of decision-making and ourselves as choosing agents. Finally, I outline a neuroeconomic account of irrationality.
Number of Pages in PDF File: 25
Keywords: neuroeconomics, decision-making, philosophy, rationality, irrationality, game theory, emotions, ultimatum
JEL Classification: A12, C90, B40
Accepted Paper Series
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Date posted: August 5, 2007
Suggested CitationHardy-Vallée, Benoit, Decision-Making: A Neuroeconomic Perspective. Philosophy Compass, Forthcoming. Available at SSRN: http://ssrn.com/abstract=1004584
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