Format:
Online-Ressource (606 p)
Edition:
2nd ed
Edition:
Online-Ausg.
ISBN:
9780124160088
,
129978898X
,
9781299788985
Content:
Neuroeconomics is a young, interdisciplinary field dealing with the neurobiology of decision making and how it affects cognitive social interactions between humans and societies/economies. It studies how economic behavior can shape our understanding of the brain, and how neuroscientific discoveries can constrain and guide models of economics. Neuroeconomics studies decision making by using a combination of tools from neuroscience, economics and psychology to avoid the shortcoming that arise from a single perspective approach. Offering the necessary interdisciplinary approach, Neuroeconom
Note:
Description based upon print version of record
,
Front Cover; Neuroeconomics: Decision Making and the Brain; Copyright Page; Contents; Preface; Acknowledgments; List of Contributors; Introduction: A Brief History of Neuroeconomics; Neoclassical Economics; Cognitive Neuroscience; Setting the Stage for Neuroeconomics; Two Trends, One Goal; Consolidation; Summary; References; I: The Fundamental Tools of Neuroeconomics; 1. Basic Methods from Neoclassical Economics; Introduction; Rational Choice and Utility Theory: Some Beginnings; Early Price Theory and the Marginal Revolution; Early Decision Theory and Utility Maximization
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The Ordinal Revolution and the Logic of ChoiceQuantitative Tests of Qualitative Theories: Revealed Preference; GARP; Understanding Rationality; Axiomatic Approaches: Strengths; Axiomatic Approaches: Weaknesses; Expected Utility Theory; Defining the Objects of Choice: Probabilistic Outcomes; Continuity Axiom; Independence; The Expected Utility Theorem; Axioms and Axiomatic Reasoning; Using Axioms: The Neoclassical Approach In Neuroeconomics; The Reward Prediction Error Hypothesis; The DRPE Axioms and the Ideal Data Set; Concluding Remarks; References
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2. Experimental Economics and Experimental Game TheoryIntroduction; Game Theory Described; Normal and Extensive Form Games; Game Theory Experiments; Design and Practice; Instructions; Randomization; Anonymity; Incentives; Deception; Experiments with Normal Form Games; Prisoner's Dilemma and Public Goods Games; Coordination Games; Experiments with Extensive Form Games; Ultimatum Games; Trust Games; Neuroeconomics experiments; Design and Practice; Overview; Design; Analysis; Practice; Neuroeconomics Experiments with the Trust Game; Neuroeconomics Experiments with the Ultimatum Game
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Towards a Neuroeconomic Theory of Game PlayingReferences; 3. Computational and Process Models of Decision Making in Psychology and Behavioral Economics; Introduction; History; Models of Risky Choice; Normative Origins; Descriptive Modifications; Heuristic Models of Risky Choice; Models of Riskless Choice; Multi Attribute Utility Theory; Cognitive Limitations and Context Effects; Heuristic Models of Riskless Choice; Models of Choice Over Time; Computational Process Models; Diffusion Models of Rapid Decisions; Non-Decision Component; Boundaries, Speed-Accuracy, and Bias Effects
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Across-Trial VariabilityModel Constraints; Model Fitting; Mapping from Accuracy and RT to Drift Rate; Applications; Competing Models; Multichoice Decision Making, Confidence, and Simple RT; Use in Neuroscience; Judgment; Conclusion; References; 4. Estimation and Testing of Computational Psychological Models; Introduction; Example Application; Behavioral Data to be Modeled; Methods for Estimating Parameters; Weighted Sum of Squared Error; Log Likelihood Method; Minimizing Objective Functions: Searching for the "Best" Phi; Bayesian Estimation; Hierarchical Bayesian analysis
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Comparison of Estimation Methods
Additional Edition:
ISBN 9780123914699
Additional Edition:
ISBN 9780123914699
Additional Edition:
ISBN 0123914698
Additional Edition:
ISBN 9780124160088
Additional Edition:
ISBN 0124160085
Additional Edition:
ISBN 9780124160088
Additional Edition:
Erscheint auch als Druck-Ausgabe Neuroeconomics Amsterdam : Elsevier, Academic Press, 2014 ISBN 9780124160088
Language:
English
Subjects:
Economics
,
Psychology
Keywords:
Neuroökonomik
;
Entscheidungsfindung
;
Electronic books
Author information:
Fehr, Ernst 1956-
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