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Decision-Making: A Neuroeconomic Perspective

Benoit Hardy-Vallée

University of Toronto - Department of Philosophy

Philosophy Compass, Forthcoming

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

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Date posted: August 5, 2007  

Suggested Citation

Hardy-Vallée, Benoit, Decision-Making: A Neuroeconomic Perspective. Philosophy Compass, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1004584

Contact Information

Benoit Hardy-Vallée (Contact Author)
University of Toronto - Department of Philosophy ( email )
215 Huron Street
Toronto, Ontario M5S 1A2
HOME PAGE: http://www.hardyvallee.net
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