Showing 1 - 10 of 2,987
findings in neuroscience that we deemed especially relevant to economics, and proposes a two-dimensional dichotomization of … other. Section four reviews general implications of neuroscience for economics. Research in neuroscience, for example …: intertemporal choice, decision making under risk and uncertainty, game theory, and labor-market discrimination. Section 6 concludes …
Persistent link: https://www.econbiz.de/10014069790
) deepens the tendency to engage in iterative reasoning compared with a positive emotion (amusement). Moreover, neutral emotions … that emotions help regulate iterative reasoning, that is, their tendency to not only reflect on what others think, but also … on what others think about their thinking. Drawing on a controlled experiment, we find that a negative emotion (fear …
Persistent link: https://www.econbiz.de/10014293219
methodologies for understanding decision-making under pressure. In the non-transitive game rock, paper, scissors (RPS), the only … behavior is thought to be outside bounded rationality and so decision-making can become deterministic, predictable, and … ultimately exploitable. This review identifies similarities across economics, neuroscience, nonlinear dynamics, human, and animal …
Persistent link: https://www.econbiz.de/10012062319
Persistent link: https://www.econbiz.de/10002961956
Persistent link: https://www.econbiz.de/10012287008
Persistent link: https://www.econbiz.de/10010428822
Persistent link: https://www.econbiz.de/10011876917
Researchers are increasingly exploring the role of emotions in interactive decision‐making. Recent theories have … focused on the interpersonal effects of emotions-the influence of the decisionmaker’s expressed emotions on observers …
Persistent link: https://www.econbiz.de/10011620802
This chapter reviews recent experimental data testing game theory and behavioral models that have been inspired to explain those data. The models fall into four groups: in cognitive hierarchy or level- k models, the assumption of equilibrium is relaxed by assuming agents have beliefs about other...
Persistent link: https://www.econbiz.de/10014025449
Persistent link: https://www.econbiz.de/10014430187