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Can neuroscience inform economics? Rationality, emotions and preference formation

dc.contributor.authorMartins, Nuno Miguel Ornelas
dc.date.accessioned2014-06-12T11:57:56Z
dc.date.available2014-06-12T11:57:56Z
dc.date.issued2010
dc.description.abstractThe interaction between neuroscience and economics has gained much prominence recently, leading to the emergence of the new and expanding field of neuro-economics. I will argue that, although there is much insight to be gained from the interaction between neuroscience and economics, the implications of recent developments in neuroscience and neuroeconomics for the deductivist methodology of mainstream economics, and its emphasis on prediction of events, have not been sufficiently addressed. In fact, much research on neuroeconomics has contributed to the formulation of deductivist models aimed at the prediction of events, when the more fruitful use of neuroscience in economics consists rather in the utilisation of its insights for the development of an explanation of social behaviour that moves beyond the mainstream deductivist methodology. The somatic marker hypothesis, developed by Damasio and others working closely with him, will be suggested as an alternative framework for conceptualising the emergence of social behaviour from a neurobiological substrate.por
dc.description.versioninfo:eu-repo/semantics/publishedVersion
dc.identifier.citationMARTINS, Nuno Miguel Ornelas - Can neuroscience inform economics? Rationality, emotions and preference formation. Cambridge Journal of Economics. ISSN 0309-166X. Vol. 35, N.º 2 (2011), p. 251-267por
dc.identifier.doi10.1093/cje/beq017
dc.identifier.issn0309-166X
dc.identifier.urihttp://hdl.handle.net/10400.14/14591
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherOxford University Press
dc.subjectNeurosciencepor
dc.subjectDeductivismpor
dc.subjectPreferencespor
dc.subjectOpen systemspor
dc.subjectSomatic marker hypothesispor
dc.titleCan neuroscience inform economics? Rationality, emotions and preference formationpor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage267
oaire.citation.issue2
oaire.citation.startPage251
oaire.citation.titleCambridge Journal of Economics
oaire.citation.volume35
person.familyNameMartins
person.givenNameNuno
person.identifier.ciencia-idDD10-075A-09CC
person.identifier.orcid0000-0001-7966-6435
person.identifier.ridB-6012-2009
person.identifier.scopus-author-id15848805500
rcaap.rightsrestrictedAccesspor
rcaap.typearticlepor
relation.isAuthorOfPublication654e314e-07d8-46de-acb8-18470ab0b9c5
relation.isAuthorOfPublication.latestForDiscovery654e314e-07d8-46de-acb8-18470ab0b9c5

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