Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9551684 | Games and Economic Behavior | 2005 | 26 Pages |
Abstract
The brain imaging data suggest that such estimation is of an approximate nature when the choices involve ambiguous and risky lotteries, as the regions in the brain that are activated are typically located in parietal lobes. Thus such choices require mental faculties that are shared by all mammals, and in particular are independent of language. In contrast, choices involving partial ambiguous lotteries additionally produce an activation of the frontal region, which indicates a different, more sophisticated cognitive process.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Aldo Rustichini, John Dickhaut, Paolo Ghirardato, Kip Smith, Josè V. Pardo,