Comments on neuroeconomics

Research output: Contribution to journalComment/debate

Abstract

Neuroeconomics is examined critically using data on the response times of subjects who were asked to express their preferences in the context of the Allais Paradox. Different patterns of choice are found among the fast and slow responders. This suggests that we try to identify types of economic agents by the time they take to make their choices. Nevertheless, it is argued that it is far from clear if and how neuroeconomics will change economics.

Original languageEnglish
Pages (from-to)485-494
Number of pages10
JournalEconomics and Philosophy
Volume24
Issue number3
DOIs
StatePublished - Nov 2008

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