Table of Contents

Translating Upwards: Linking the Neural and Social Sciences via Neuroeconomics

Clement Levallois, Erasmus University Rotterdam
John A. Clithero, California Institute of Technology - Division of the Humanities and Social Sciences
Paul Wouters, Leiden University - Centre for Science and Technology Studies
A. Smidts, Erasmus Research Institute of Management (ERIM)
Scott Huettel, Duke University - Department of Psychology and Neuroscience


NEUROECONOMICS eJOURNAL

"Translating Upwards: Linking the Neural and Social Sciences via Neuroeconomics" Free Download
Nature Reviews Neuroscience 2012

CLEMENT LEVALLOIS, Erasmus University Rotterdam
Email:
JOHN A. CLITHERO, California Institute of Technology - Division of the Humanities and Social Sciences
Email:
PAUL WOUTERS, Leiden University - Centre for Science and Technology Studies
Email:
A. SMIDTS, Erasmus Research Institute of Management (ERIM)
Email:
SCOTT HUETTEL, Duke University - Department of Psychology and Neuroscience
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The social and neural sciences share a common interest in understanding the mechanisms that underlie human behaviour. Yet, interactions between neuroscience and social science disciplines remain strikingly narrow and tenuous. We illustrate the scope and challenges for such interactions using the paradigmatic example of neuroeconomics. Using quantitative analyses of both its scientific literature and the social networks in its intellectual community, we show that neuroeconomics now reflects a true disciplinary integration, such that research topics and scientific communities with interdisciplinary span exert greater influence on the field. However, our analyses also reveal key structural and intellectual challenges in balancing the goals of neuroscience with those of the social sciences. To address these challenges, we offer a set of prescriptive recommendations for directing future research in neuroeconomics.

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This eJournal distributes working and accepted paper abstracts focused on research where economic outcomes are the product of many individual decisions, constrained by scarcity, and equilibrium forces that simultaneously shape a person's social networks and the institutionally defined rules of the game. Decisions are made by computations in the brain which produce action-choices that directly affect the homeostatic wellbeing of the individual and choices that indirectly change wellbeing by changing an individual's future constraints, the scope of their social networks, and their message sending rights within the institutions they participate. Neuroeconomics broadly speaking is interested in the study of these computations and the resulting choices they produce. This includes experiments that attempt to understand the mechanisms of neuronal computations that produce action-choices, theories which predict how neuronal computations in socio-economic environments produce decisions, outcomes and wellbeing, and policy which use our understanding of neuoroeconomic behavior to either build or defend better solutions to societal problems.

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Advisory Board

Neuroeconomics eJournal

ANDREW W. LO
Harris & Harris Group Professor, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Principal Investigator, Massachusetts Institute of Technology (MIT) - Computer Science and Artificial Intelligence Laboratory (CSAIL), National Bureau of Economic Research (NBER)

P. READ MONTAGUE
Professor, Baylor University - Department of Neuroscience

VERNON L. SMITH
Professor of Economics and Law, Chapman University - Economic Science Institute, Chapman University School of Law