Arbeitspapier

Commentary on Edmund Rolls: "Emotion and reason in human decision-making"

In his paper Emotion and reasoning in human decision-making (Economics Discussion Papers, No 2019-8) Edmund Rolls points out that multiple and independent types of reinforcement exist in the human brain, and that they cannot be reduced to a common currency. The present commentary introduces non-specialist readers to this wide variety of reinforcers, each of which carries equal biological value. The evolutionary forces underwriting them reveal much about the causes of our apparently irrational choices - which is why it is important for economists to acquaint themselves with such things.

Sprache
Englisch

Erschienen in
Series: Economics Discussion Papers ; No. 2019-45

Klassifikation
Wirtschaft
Microeconomic Behavior: Underlying Principles
Neuroeconomics
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Macro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on the Macro Economy‡
Behavioral Finance: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets‡
Thema
decision-making
brain mechanisms
basic emotions
reward value
economicvalue
dominance hierarchies
macroeconomics
microeconomics
affective neuroscience

Ereignis
Geistige Schöpfung
(wer)
Solms, Mark
Ereignis
Veröffentlichung
(wer)
Kiel Institute for the World Economy (IfW)
(wo)
Kiel
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Solms, Mark
  • Kiel Institute for the World Economy (IfW)

Entstanden

  • 2019

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