Article ID Journal Published Year Pages File Type
5072204 Games and Economic Behavior 2012 23 Pages PDF
Abstract
► Neuroeconomic theory model of the process through which brain maps evidence into decisions. ► Constrained optimal threshold is set in a way that existing beliefs are likely to be confirmed. ► Behavioral implications: (i) belief anchoring; (ii) polarization; (iii) payoff-dependence of beliefs and (iv) belief disagreement.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
From perception to action: An economic model of brain processes
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