Neuroeconomics: a view from neuroscience

Montague, P. Read (2007) Neuroeconomics: a view from neuroscience. Functional Neurology; New Trends in Interventional Neurosciences, 22 (4). pp. 219-234. ISSN 1971-3274

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All choices are economic decisions, and this is true because mobile organisms run on batteries. For them the clock is always ticking and their battery draining so every moment represents a choice of how to invest a bit of energy. From this perspective, all choices – those made and those not made – engender costs and yield variable future returns. There is no more fundamental stricture for an organism than to behave so as to recharge their batteries; consequently, each moment of existence is attended by the need to value that moment and its near-term future quickly and accurately. The central issue of neuroeconomics is valuation – the way the brain values literally everything from internal mental states to experienced time (the neuroscience part), and why it should do so one way and not another (the normative economics part). All these valuations have now begun to be probed in experiments by pairing quantitative behavioral and computational modeling with neuroimaging or neurophysiological experiments.

Item Type: Article
Uncontrolled Keywords: computational psychiatry, neuroeconomics, trust games, ultimatum games, valuation
Subjects: 100 Filosofia e Psicologia > 150 Psicologia > 153 Processi mentali consci e intelligenza (Classificare qui la conoscenza, le Scienze cognitive, la Psicologia cognitiva, i processi intellettuali, le opere d'insieme sulle emozioni e la conoscenza) > 153.8 Volontà (volizione) (Include l’autocontrollo) (Classificare qui l’intenzionalità, la motivazione, le opere d’insieme sulle pulsioni) > 153.83 Scelta e decisione (Classificare qui la Neuroeconomia)
600 Tecnologia - Scienze applicate > 610 Medicina e salute (Classificare qui la tecnologia dei servizi medici) > 612 Fisiologia umana > 612.8 Funzioni nervose, funzioni sensorie (Classificare qui la Neurofisiologia, la Psicofisiologia) > 612.82 Cervello (classificare qui il sistema nervoso centrale, le Neuroscienze, le Neuroscienze cognitive)
Depositing User: Danilo Dezzi
Date Deposited: 30 Jan 2012 10:23
Last Modified: 30 Jan 2012 11:33

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