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

Mark Solms

No 2019-45, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: 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.

Keywords: decision-making; brain mechanisms; basic emotions; reward value; economicvalue; dominance hierarchies; macroeconomics; microeconomics; affective neuroscience (search for similar items in EconPapers)
JEL-codes: D01 D87 D91 E71 G41 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-cbe, nep-hpe, nep-pke and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.economics-ejournal.org/economics/discussionpapers/2019-45
https://www.econstor.eu/bitstream/10419/200986/1/1670228797.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:201945

Access Statistics for this paper

More papers in Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().