Munich Personal RePEc Archive

Decision-Making: A Neuroeconomic Perspective

Hardy-Vallee, Benoit (2007): Decision-Making: A Neuroeconomic Perspective. Forthcoming in: Philosophy Compass

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Abstract

This article introduces and discusses from a philosophical point of view the nascent field of neuroeconomics, which is the study of neural mechanisms involved in decision-making and their economic significance. Following a survey of the ways in which decision-making is usually construed in philosophy, economics and psychology, I review many important findings in neuroeconomics to show that they suggest a revised picture of decision-making and ourselves as choosing agents. Finally, I outline a neuroeconomic account of irrationality.

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