Literature DB >> 19033241

Making decisions with a continuous mind.

S Scherbaum1, M Dshemuchadse, A Kalis.   

Abstract

Neuroeconomics is a rapidly expanding field at the interfaces of the human sciences. The interdisciplinary nature of this field results in several challenges when attempts are made to solve puzzling questions in human decision making, such as why and how people discount future gains. We argue that an empirical approach based on dynamic systems theory (DST) could inspire and advance the neuroeconomic investigation of decision-making processes in three ways: by enriching the mental model, by extending the empirical tool set, and by facilitating interdisciplinary exchange. The present article addresses the challenges neuroeconomics faces by focusing on intertemporal choice. After a brief introduction of DST and related research, a DST-based conceptual model of decision making is developed and linked to underlying neural principles. On this basis, we outline the application of DST-informed empirical strategies to intertemporal choice. Finally, we discuss the general consequences of and possible objections to the proposed approach to research in intertemporal choice and the field of neuroeconomics.

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Year:  2008        PMID: 19033241     DOI: 10.3758/CABN.8.4.454

Source DB:  PubMed          Journal:  Cogn Affect Behav Neurosci        ISSN: 1530-7026            Impact factor:   3.282


  126 in total

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Journal:  Nat Rev Neurosci       Date:  2001-04       Impact factor: 34.870

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Authors:  Michael Breakspear; Leanne M Williams; Cornelis J Stam
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4.  Transitions between dynamical states of differing stability in the human brain.

Authors:  Andreas Meyer-Lindenberg; Ulf Ziemann; Goran Hajak; Leonardo Cohen; Karen Faith Berman
Journal:  Proc Natl Acad Sci U S A       Date:  2002-07-31       Impact factor: 11.205

5.  Prediction of immediate and future rewards differentially recruits cortico-basal ganglia loops.

Authors:  Saori C Tanaka; Kenji Doya; Go Okada; Kazutaka Ueda; Yasumasa Okamoto; Shigeto Yamawaki
Journal:  Nat Neurosci       Date:  2004-07-04       Impact factor: 24.884

Review 6.  Neuroeconomics: the consilience of brain and decision.

Authors:  Paul W Glimcher; Aldo Rustichini
Journal:  Science       Date:  2004-10-15       Impact factor: 47.728

Review 7.  Evolutionary robotics: a new scientific tool for studying cognition.

Authors:  Inman Harvey; Ezequiel Di Paolo; Rachel Wood; Matt Quinn; Elio Tuci
Journal:  Artif Life       Date:  2005 Winter-Spring       Impact factor: 0.667

8.  On the tautology of the matching law.

Authors:  H Rachlin
Journal:  J Exp Anal Behav       Date:  1971-03       Impact factor: 2.468

Review 9.  Précis of Breakdown of Will.

Authors:  George Ainslie
Journal:  Behav Brain Sci       Date:  2005-10       Impact factor: 12.579

10.  Electroencephalographic brain dynamics following manually responded visual targets.

Authors:  Scott Makeig; Arnaud Delorme; Marissa Westerfield; Tzyy-Ping Jung; Jeanne Townsend; Eric Courchesne; Terrence J Sejnowski
Journal:  PLoS Biol       Date:  2004-06-15       Impact factor: 8.029

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  3 in total

1.  Unraveling the sub-processes of selective attention: insights from dynamic modeling and continuous behavior.

Authors:  Simon Frisch; Maja Dshemuchadse; Max Görner; Thomas Goschke; Stefan Scherbaum
Journal:  Cogn Process       Date:  2015-08-02

2.  Interdisciplinary perspectives on decision making.

Authors:  Tobias Kalenscher; Philippe N Tobler
Journal:  Cogn Affect Behav Neurosci       Date:  2008-12       Impact factor: 3.282

3.  Harder than expected: increased conflict in clearly disadvantageous delayed choices in a computer game.

Authors:  Stefan Scherbaum; Maja Dshemuchadse; Susanne Leiberg; Thomas Goschke
Journal:  PLoS One       Date:  2013-11-15       Impact factor: 3.240

  3 in total

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