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Neuroeconomics Peter Politser (Clinical Assistant Professor of Family Medicine, Brown University)

Neuroeconomics By Peter Politser (Clinical Assistant Professor of Family Medicine, Brown University)

Summary

Everyone who wants to understand the research in the neuroeconomics or use its methods should read this book. Its accessible text, along with an extensive glossary, will guide those with little economic or neuroscience background, and make the book an excellent supplement for courses on neuroscience and decision making.

Neuroeconomics Summary

Neuroeconomics: A guide to the new science of making choices by Peter Politser (Clinical Assistant Professor of Family Medicine, Brown University)

As technology has opened new windows into the brain, it has clarified what happens there when people make decisions about money. This clarity has produced a new science called neuroeconomics, which addresses diverse questions, such as why people save, buy stocks, steal, and overspend. The many different methods used in neuroeconomics have, however, often yielded unclear findings about the quality of these decisions, primarily because the field has lacked both guidelines for categorizing the different aspects of quality, and guidelines for selecting methods to study these aspects. Before this book, in which Peter Politser guides the reader through the different regions of study, there was no scientific guide for those interested in neuroeconomics. Politser shows how to evaluate specific elements of choice, such as regret, expectation, risk, ambiguity, time preference, and learning, and surveys economic and behavioral models of decision making skills. He reviews the neural correlates of decisional impairments and inconsistenciesclarifying, for example, why we do not recall what we experience, experience what we expect, or like what we want, and provides detailed tables of decision-making skills, their neural correlates, and possible impairments. Politser also considers what the field of neuroeconomics may add to future conceptions of decision making, and outlines the limitations of various studies of different capacities. He then introduces a broader field for the design and interpretation of neuroeconomic studiesa neuroepidemiology of decision making. Everyone who wants to understand the research in neuroeconomics or use its methods should read this book. Its accessible text, along with an extensive glossary, will guide those with little economic or neuroscience background, and make the book an excellent supplement for courses on neuroscience and decision making.

Neuroeconomics Reviews

Peter Politser has provided a valuable and readable introduction to the burgeoning field of neuroeconomics that successfully brings together the essential concepts from psychology, neuroscience and economics. * T. W. Robbins, Professor of Cognitive Neuroscience, University of Cambridge, UK *

Table of Contents

1. Introduction: Toward a Biological Science of Making Choices ; 2. What Are the Components of Choice? ; 3. The Efficacy of Evaluation: What Are the Economic Elements of the Ability to Evaluate Risk and Reward? ; 4. The Effectiveness of Evaluation: What Other Psychological Abilities Affect Evaluation? ; 5. Conclusion: Future Directions for the New Science

Additional information

GOR007859883
9780195305821
0195305825
Neuroeconomics: A guide to the new science of making choices by Peter Politser (Clinical Assistant Professor of Family Medicine, Brown University)
Used - Very Good
Hardback
Oxford University Press Inc
20080320
240
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Neuroeconomics