Neuroeconomics And The Decision Making Process

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Neuroeconomics and the Decision-Making Process

Neuroeconomics and the Decision-Making Process
Author :
Publisher : IGI Global
Total Pages : 377
Release :
ISBN-10 : 9781466699908
ISBN-13 : 1466699906
Rating : 4/5 (906 Downloads)

Book Synopsis Neuroeconomics and the Decision-Making Process by : Christiansen, Bryan

Download or read book Neuroeconomics and the Decision-Making Process written by Christiansen, Bryan and published by IGI Global. This book was released on 2016-03-17 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neuroeconomics has emerged as a field of study with the goal of understanding the human decision-making process and the mental consideration of multiple outcomes based on a selected action. In particular, neuroeconomics emphasizes how economic conditions can impact and influence the decision-making process and alternately, how human actions have the power to impact economic conditions. Neuroeconomics and the Decision-Making Process presents the latest research on the relationship between neuroscience, economics, and human decision-making, including theoretical foundations, real-world applications, and models for implementation. Taking a cross-disciplinary approach to neuroeconomic theory and study, this publication is an essential reference source for economists, psychologists, business professionals, and graduate-level students across disciplines.


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This chapter reviews models of choice on two levels: The first concerns the descriptions of choice and their evolution from normative models of how choices shou