Category: Neuroeconomics
I caught this neuroscience question over at a new blog I like, Think Markets. Sandy Ikeda comments on a section of Daniel Gilbert's book Stumbling on Happiness: I've been thinking about the following from Daniel Gilbert's Stumbling on Happiness: Experiments...
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Posted by NotoriousLTP at 7:21 AM • 1 Comments •
Category: Neuroeconomics
One of the most interesting aspects of human behavior is our nearly infinite capacity to arrange and coordinate symbols. Think of the symbols that permeate our existence. Paper money has no value in and of itself. A wedding ring is...
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Posted by NotoriousLTP at 1:10 PM • 0 Comments •
Category: Neuroeconomics
Nature News is reporting on a paper that just came out in PNAS. The paper, Coates and Herbert, correlates the daily profits and trading volatility of traders in London. They argue that changes in these hormone may be responsible for...
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Posted by NotoriousLTP at 10:53 AM • 1 Comments •
Category: Neuroeconomics
Greg Mankiw linked to this article in the Washington Post by experimental philosopher Kwame Anthony Appiah. Appiah points out that whether you think a tax system is equitable is determined partly by whether it is framed as a loss or...
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Posted by NotoriousLTP at 9:07 AM • 0 Comments •
Category: Neuroeconomics
A lot of people on ScienceBlogs are talking about this paper, Hockings et al., which shows that male chimps will trade food for sex. The food in this case is papayas stolen from nearby farms; foraged food is apparently not...
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Posted by NotoriousLTP at 11:21 AM • 3 Comments •
Category: Aminals
The Freakonomics guys have a simply hysterical article in the New York Times magazine about monkey economics. The article discusses how monkeys possess the mental apparatus for economic valuation including the use of money. They train the monkeys to use...
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Posted by NotoriousLTP at 11:13 AM • 21 Comments •
Category: Neuroscience
Are there neurobiological correlates of economic behavior such as utility seeking? The answer is yes, as demonstrated by some very elegant work by Berns et al in Science....
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Posted by NotoriousLTP at 11:50 AM • 2 Comments •