The homo neuroeconomicus: a window for the future

Detalhes bibliográficos
Autor(a) principal: Silva, R.
Data de Publicação: 2013
Outros Autores: Filipe, J.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://ciencia.iscte-iul.pt/public/pub/id/12614
http://hdl.handle.net/10071/11788
Resumo: This paper analyzes the validity (and also the framework) of the rationality postulate on the moments of decision-making by economic agents, as it is promoted by the economic and financial fields on investigation, especially on microeconomic and portfolio theories and models. The main features surrounding this postulate are addressed to the aims of this study and are criticized considering the developments achieved on the neuroscience investigation on human being decision-making process. There are considerable developments got in several areas, mainly for example in the area of the effects of dopamine on the preference ordering (and the subsequent relation with the reversal of preferences hypothesis), in the area of the proprieties of oxytocin on the decision and choice under social situations and context, and in the areas of the somatic marker hypothesis and of the value of emotions. The magnitude of the importance of memory processes (operative and long-term memory) in connection with somatic states in decision-making problems is also highlighted. These features are sensitized on what can constitute the basis for the construction and definition of an alternative profile of the economic agent, which analysis will be tested later in the investigation, dealing with problems of decision-making and choice in game theory environment (especially in dynamic or iterated games).
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spelling The homo neuroeconomicus: a window for the futureDecision-makingRationalitySomatic marker hypothesisMemoryPreferencesThis paper analyzes the validity (and also the framework) of the rationality postulate on the moments of decision-making by economic agents, as it is promoted by the economic and financial fields on investigation, especially on microeconomic and portfolio theories and models. The main features surrounding this postulate are addressed to the aims of this study and are criticized considering the developments achieved on the neuroscience investigation on human being decision-making process. There are considerable developments got in several areas, mainly for example in the area of the effects of dopamine on the preference ordering (and the subsequent relation with the reversal of preferences hypothesis), in the area of the proprieties of oxytocin on the decision and choice under social situations and context, and in the areas of the somatic marker hypothesis and of the value of emotions. The magnitude of the importance of memory processes (operative and long-term memory) in connection with somatic states in decision-making problems is also highlighted. These features are sensitized on what can constitute the basis for the construction and definition of an alternative profile of the economic agent, which analysis will be tested later in the investigation, dealing with problems of decision-making and choice in game theory environment (especially in dynamic or iterated games).Institute of Integrative Omics and Applied Biotechnology2016-07-18T16:31:44Z2013-01-01T00:00:00Z20132016-07-18T16:30:50Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://ciencia.iscte-iul.pt/public/pub/id/12614http://hdl.handle.net/10071/11788eng0976-3104Silva, R.Filipe, J.info:eu-repo/semantics/embargoedAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-25T17:43:06ZPortal AgregadorONG
dc.title.none.fl_str_mv The homo neuroeconomicus: a window for the future
title The homo neuroeconomicus: a window for the future
spellingShingle The homo neuroeconomicus: a window for the future
Silva, R.
Decision-making
Rationality
Somatic marker hypothesis
Memory
Preferences
title_short The homo neuroeconomicus: a window for the future
title_full The homo neuroeconomicus: a window for the future
title_fullStr The homo neuroeconomicus: a window for the future
title_full_unstemmed The homo neuroeconomicus: a window for the future
title_sort The homo neuroeconomicus: a window for the future
author Silva, R.
author_facet Silva, R.
Filipe, J.
author_role author
author2 Filipe, J.
author2_role author
dc.contributor.author.fl_str_mv Silva, R.
Filipe, J.
dc.subject.por.fl_str_mv Decision-making
Rationality
Somatic marker hypothesis
Memory
Preferences
topic Decision-making
Rationality
Somatic marker hypothesis
Memory
Preferences
description This paper analyzes the validity (and also the framework) of the rationality postulate on the moments of decision-making by economic agents, as it is promoted by the economic and financial fields on investigation, especially on microeconomic and portfolio theories and models. The main features surrounding this postulate are addressed to the aims of this study and are criticized considering the developments achieved on the neuroscience investigation on human being decision-making process. There are considerable developments got in several areas, mainly for example in the area of the effects of dopamine on the preference ordering (and the subsequent relation with the reversal of preferences hypothesis), in the area of the proprieties of oxytocin on the decision and choice under social situations and context, and in the areas of the somatic marker hypothesis and of the value of emotions. The magnitude of the importance of memory processes (operative and long-term memory) in connection with somatic states in decision-making problems is also highlighted. These features are sensitized on what can constitute the basis for the construction and definition of an alternative profile of the economic agent, which analysis will be tested later in the investigation, dealing with problems of decision-making and choice in game theory environment (especially in dynamic or iterated games).
publishDate 2013
dc.date.none.fl_str_mv 2013-01-01T00:00:00Z
2013
2016-07-18T16:31:44Z
2016-07-18T16:30:50Z
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dc.identifier.uri.fl_str_mv https://ciencia.iscte-iul.pt/public/pub/id/12614
http://hdl.handle.net/10071/11788
url https://ciencia.iscte-iul.pt/public/pub/id/12614
http://hdl.handle.net/10071/11788
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 0976-3104
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dc.publisher.none.fl_str_mv Institute of Integrative Omics and Applied Biotechnology
publisher.none.fl_str_mv Institute of Integrative Omics and Applied Biotechnology
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