Description
Book SynopsisFeatures five sections designed to serve as both classroom-friendly introductions to each of the major subareas in neuroeconomics, and as advanced synopses of all that has been accomplished over the years in this rapidly expanding academic discipline.
Trade Review"This fully revised, second edition comes five years after the first and reflects the tremendous growth in the field of neurobiology of decision making…The text, uniformly well written and accessible, does not shy away from controversies in the research. This is an excellent text for either a graduate course or a very advanced undergraduate course on the subject." Summing Up: Recommended. --CHOICE Reviews Online, June 2014 "This book describes neuroeconomics, a combination of neuroscience and behavioral economics, with the goal of understanding how economic policies influence motivation on a neuropsychological level and, ultimately, behavior…This is an excellent book…It should be in the libraries of students and professionals interested in neuroeconomics."Rating: 4 Stars --Doody.com, April 4, 2014 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
Table of ContentsForeword Introduction Section 1: The Fundamental Tools of Neuroeconomics 1. Basic Methods from Neoclassical Economics 2. Experimental Economics and Experimental Game Theory 3. Computational Models of Decision-Making from Psychology and Behavioral Economics 4. Estimation and Testing of Computational Models 5. Computational Neuroscience 6. Experimental Methods in Cognitive Neuroscience 7. The Economics of Non-Human Primates Section 2: Risk, Time, Social and Emotional Preferences 8. Computation of value in simple choices 9. Valuation for Risky and Uncertain Choices 10. Valuation, Intertemporal Choice and Self Control 11. Neuroeconomics of Social Preferences 12. The Study of Emotion in Decision Making 13. Valuation and Common Neural Currencies 14. The pharmacology of economic and social decision-making Section 3: Learning and Valuation 15. Value Learning through Reinforcement: The Basics of Dopamine and RL 16. Advanced Issues in 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 and Choice 22. Integrating Benefits and Costs in Decision-Making 23. Dynamic Neuronal Models of Choice 24. Reference Dependent Values and Normalization Section 5: Brain Circuitry of Social Valuation and Social Choice 25. The Brain Circuity for Strategic Interactions 26. The Brain Circuity for social decision-making in non-human primates 27. Understanding Others: Brain Mechanisms of Theory of Mind and Empathy Epilogue: Summary, Conclusions, and Prognostications Appendix: Using Prospect Theory
