Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
884960 | Journal of Economic Psychology | 2014 | 10 Pages |
Abstract
Brain modularity is a key concept in neuroscience. It challenges the common view of the single coherent self adopted in many disciplines, including economics. Multi-process theories of decision-making rely on the existence of several brain systems interacting with each other to revisit standard paradigms of choice, propose choices that fit the behavioral data better, and offer testable predictions. In this paper, we present a selective review of our recent research in this area. We focus on constrained optimization models rather than the computational models extensively used in neuroscience.
► Brain based model of decision making. ► Optimal choice under physiological constraints. ► Brain modularity.
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Authors
Isabelle Brocas, Juan D. Carrillo,