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Neuroscience and the Economics of Decision Making

Routledge Advances in Experimental and Computable Economics

By: Alessandro Innocenti (Editor), Angela Sirigu (Editor)

Hardcover

Published: 6th April 2012
Ships: 7 to 10 business days
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This collection reflects the very latest research in neuroscience, psychology and the economics of decision-making. The practice of investigating decision-making from the phases of information collecting and processing to the impact of cognitive processes in economic and social interaction, is a relatively new one in the field of brain research. As such, it involves a new kind of scientist, using different methods and data. This interdisciplinary volume represents a state-of-the-art analysis of the field of neuroscience and economic decision-making. The models of decision-making reported in the book are tested through experimental methods, an approach which is popular in psychology and economics, but still relatively new in the field of neuroscience. This volume explores six key areas: Neural Foundations of Decision-Making Evidence on the Neuroscientific Foundations of Decision-Making Emotions in Decision-Making Learning and Risk Attitude in Decision-Making Probability and Judgment in Decision-Making Eye-tracking Studies of Decision-Making This volume will be of great interest to students and researchers in the fields of political economy, experimental economics and behavioural economics.

Foreword Alessandro Innocenti and Angela Sirigu PART 1: Evidence on the neuroscientific foundations of decision-making 1. Private and social counterfactual emotions: behavioural and neural effects Chiara Crespi, Stefano F. Cappa and Nicola Canessa 2. The influence of social value orientation on information processing in repeated voluntary contribution mechanism (VCM) games: an eye-tracking analysis Susann Fiedler, Andreas Glockner and Andreas Nicklisch 3. Gaze bias reveals different cognitive processes in decision making under uncertainty Pietro Piu, Francesco Fargnoli and Alessandra Rufa PART 2: Emotions and morality in decision-making 4. Moral sentiments: a behavioral economics approach Marcel Zeelenberg, Seger M. Breugelmans and Ilona E. de Hooge 5. Neuropsychology of moral judgment and risk seeking: what in common? A new look on emotional contribution to decision-making Michela Balconi and Andrea Terenzi 6. Emotional decisions - the induction-of-intrinsic-desires theory Christoph Lumer PART 3: Learning and risk attitude in decision-making 7. From habit to addiction: a study in online gambling behavior William Jolley and Deborah N. Black 8. Gains and losses in intertemporal preferences: a behavioural study Valeria Faralla, Francesca Benuzzi, Paolo Nichelli and Nicola Dimitri PART 4: Probability and judgment in decision-making 9. Cognitive and affective responses to schema incongruent brand messages: an empirical study Georgios Halkias and Flora Kokkinaki 10. Expert elicitation method selection process and method comparison Angela Dalton, Alan Brothers, Stephen Walsh, Amanda White and Paul Whitney PART 5: Decision-making in social interaction 11 Does sharing payoffs affect gender differences in accountability? Jordi Brandts, Orsola Garofalo 12. Social learning and rational choice Stefano Di Piazza, Letizia Vaccarella, Antonio Dell'Ava, Simona Conti and Antonio Rizzo

ISBN: 9780415678438
ISBN-10: 0415678439
Series: Routledge Advances in Experimental and Computable Economics
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 256
Published: 6th April 2012
Dimensions (cm): 23.4 x 15.6  x 1.9
Weight (kg): 0.524