Neuroeconomics, 2nd Edition

  • Published By:
  • ISBN-10: 0123914698
  • ISBN-13: 9780123914699
  • DDC: 330.019
  • Grade Level Range: College Freshman - College Senior
  • 560 Pages | eBook
  • Original Copyright 2013 | Published/Released June 2014
  • This publication's content originally published in print form: 2013

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Neuroeconomics: Decision Making and the Brain is the standard neuroeconomics text. The second edition features five sections that introduce major topics and synopsize 20 years of accomplishment in this expanding discipline. The first section introduces microeconomics, the psychology of judgment and decision, computational neuroscience, and anthropology. The second reviews how human and animal preferences are represented in mammalian nervous systems. Chapters on risk, time and social preferences, emotion, pharmacology, and common neural currencies present the foundation of neuroeconomic thought. The third section contains chapters on fundamentals of reinforcement and value learning and value representation. The fourth section integrates knowledge about decision-making into state-of-the-art choice models. The final section embeds these mechanisms in a larger social context, showing how they function during social decision making in humans and animals. The book provides historically rich exposition and emphasizes accomplishments and controversies in the field. A clear explanatory style and single voice make core issues in economics, psychology, and neuroscience accessible to scholars in all disciplines. The volume is essential for those interested in neuroeconomics or decision making. Editors and contributors are among acknowledged experts in the field.

Table of Contents

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