Cross-talk in economics and neuroscience

Sacha Bourgeois-Gironde and Carl Schoonover
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Carl Schoonover: Columbia University [New York]

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Abstract: Neuroeconomics is a recent extension of behavioral economics which aims at uncovering the brain mechanisms and activities that mediate regular and anomalous behaviour. Gul and Pesendorfer (2005) have launched a critique against the neuroeconomic research program, based on what they argue is the incommensurability of the theoretical constructs employed by each respective discipline. To respond to their argument we envision and illustrate several "directions of instruction" between neuroscience and economics, and provide counter-examples to their critique. This disciplinary cross-talk suggests that neuroeconomics may play a crucial conceptual and methodological role in fostering the unity of behavioral sciences.

Keywords: neuroeconomics; behavioral sciences; value; rationality; emotions (search for similar items in EconPapers)
Date: 2008
Note: View the original document on HAL open archive server: https://hal.science/ijn_00432665v1
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Published in Revue d'économie politique, 2008, 118 (1), pp.35-50

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