Cognitive Neuroscience Tools in Economic Experiments Investigating the Decision Making Process

Borawska Anna ()
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Borawska Anna: University of Szczecin Faculty of Economics and Management Institute of IT in Management Mickiewicza 64, 71-101 Szczecin, Poland

Folia Oeconomica Stetinensia, 2017, vol. 17, issue 1, 159-169

Abstract: Experimental economics utilises a lot of different techniques to support its research. Applying computers and IT has already become common. As a novel approach the use of cognitive neuroscience tools is now being considered. Investigating the neurophysiological signals of experiment participants can give researchers a deeper insight into a decision making process. The aim of the article is to show how neuroscience techniques can contribute to economic experiments, especially those concerning decision making. The overview and presentation of the possibilities of such tools is shown regarding different stages of the decision making process and related experimental studies. The proposed analysis could allow for the better design of economic experiments conducted with the use of the most up-to date technology available.

Keywords: cognitive neuroscience; experimental economics; decision making process (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:17:y:2017:i:1:p:159-169:n:13

DOI: 10.1515/foli-2017-0013

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