Neuroeconomics book cover

Neuroeconomics

Decision Making and the Brain

Hardbound, 560 Pages

Published: September 2013

Imprint: Academic Press

ISBN: 978-0-12-416008-8

Reviews

  • Reviews for the First Edition
    “Neuroeconomics is a timely collection of papers by leading researchers from both sides of the border between economics and neuroscience…The book should be of interest to anyone who has ever wondered about the mechanics of how decisions are made in the brain, and what it means about human nature.”
    —VINCE CRAWFORD, DISTINGUISHED PROFESSOR OF ECONOMICS, UNIVERSITY OF CALIFORNIA, SAN DIEGO, USA


    “Economists pride themselves on rigorous parsimony. By taking the neural correlates of behavior into account, potentially explanatory variables explode. This book shows when digging deeper nonetheless pays for economics, and how to do it well.”
    —CHRISTOPH ENGEL, EXECUTIVE DIRECTOR, MAX PLANCK INSTITUTE FOR RESEARCH ON COLLECTIVE GOODS, BONN, GERMANY


    “For those onlookers who can’t quite accept that neuroscience may provide insight into how we decide what course of action to follow, the contributors to this comprehensive volume offer some very compelling, and very serious experimental and theoretical insights. Highly recommended, and enormously provocative.”
    —FLOYD BLOOM, PROFESSOR EMERITUS, DEPARTMENT OF NEUROPHARMACOLOGY, THE SCRIPPS RESEARCH INSTITUTE, LA JOLLA, USA


Contents

  • Foreword
    Introduction
    Section 1: The Fundamental Tools of Neuroeconomics
    1. Basic Methods from Neoclassical Economics
    2. Experimental Economics and Experimental Game Theory
    3. Computational and Process Models of Decision Making in Psychology and Behavioral Economics
    4. Estimation and Testing of Computational Psychological Models
    5. Introduction to Neuroscience
    6. Experimental Methods in Cognitive Neuroscience
    7. Evolutionary Anthropological Insights into Neuroeconomics: What Non-Human Primates Can Tell Us about Human Decision-Making Strategies
    Section 2: Neural and Psychological Foundations of Economic Preferences
    8. The Computation of Stimulus Values in Simple Choice
    9. Valuation for Risky and Uncertain Choices
    10. Valuation, Intertemporal Choice, and Self-Control
    11. Social Preferences and the Brain
    12. Neuroeconomics of Emotion and Decision Making
    13. Multistage Valuation Signals and Common Neural Currencies
    14. Pharmacology of Economic and Social Decision Making
    Section 3: Learning and Valuation
    15. Value Learning through Reinforcement: The Basics of Dopamine and Reinforcement Learning
    16. Advanced Reinforcement Learning
    17. The Basal Ganglia, Reinforcement Learning, and the Encoding of Value
    18. From Experienced Utility to Decision Utility
    Section 4: The Neural Mechanisms for Choice
    19. Neural Mechanisms for Perceptual Decision Making
    20. Value-based Decision Making
    21. Multiple Systems for Valuation Learning
    22. Integrating Benefits and Costs in Decision Making
    23. Neuronal Circuit Computation of Choice
    24. The Neurobiology of Context-Dependent Valuation and Choice
    Section 5: Brain Circuitry of Social Valuation and Social Choice
    25. The Neural Basis of Strategic Choice
    26. Brain Circuitry for Social Decision Making in Non-Human Primates
    27. Understanding Others: Brain Mechanisms of Theory of Mind and Empathy
    Appendix: Prospect Theory and the Brain
    27. Understanding Others: Brain Mechanisms of Theory of Mind and Empathy
    Epilogue: Summary, Conclusions, and Prognostications
    Appendix: Using Prospect Theory

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