Behavioral and neuroscientific analysis of economic decision making in animals PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Behavioral and neuroscientific analysis of economic decision making in animals PDF full book. Access full book title Behavioral and neuroscientific analysis of economic decision making in animals by Tobias Kalenscher. Download full books in PDF and EPUB format.

Behavioral and neuroscientific analysis of economic decision making in animals

Behavioral and neuroscientific analysis of economic decision making in animals PDF Author: Tobias Kalenscher
Publisher: Frontiers E-books
ISBN: 288919096X
Category :
Languages : en
Pages : 164

Book Description
The experimental analysis of animal behavior has a rich tradition in psychology, behavioral ecology and many other scientific branches dedicated to the study of decision making. However, it has never enjoyed a similar popularity in economics. This has recently changed with the dawn of neuroeconomics – a discipline combining the analytic and experimental tools of psychology and economics with the technologies available in neuroscience to unravel the neurobiological mechanisms underlying economic behavior. Since many of the sophisticated neuroscientific techniques can only be used on animals, neuroeconomists have come up with a large and ever-growing repertoire of animal models to probe economic decision making. Besides the value of using animals as model systems to emulate human economic behavior, the discipline of animal economic decision making exists in its very own right: an abundance of animal species at various evolutionary stages show behavior that complies with many of the predictions of economic theory, whilst, at the same time demonstrating violations of optimal choice models that are reminiscent of similar anomalies found in human behavior. Hence, the analysis of animal choice does not only offer insights into the evolutionary origins of economic decision making, it also testifies that the analysis of animal behavior is a convenient, economical and sound way to test competing economic decision models in optimally controlled experimental environments, to probe their neural implementation and to yield common denominators in choice behavior. In short, economic theory provides more than just an alternative language to describe animal psychology: its combination with biology, psychology and neuroscience gives way to synergy effects that open up new venues for studying economic choice. In this special issue, we would like to gather the latest results from this cross-disciplinary topic, address the overlap and discrepancies in (the neurobiology of) economic decision making found between species and identify the challenges that lie ahead in translating results from species to species, and ultimately to humans. The exclusive focus on non-human animals makes this Research Topic unique and distinct from previous special issues which covered a broader range of matters and subjects in the neurobiological analysis of decision making.

Behavioral and neuroscientific analysis of economic decision making in animals

Behavioral and neuroscientific analysis of economic decision making in animals PDF Author: Tobias Kalenscher
Publisher: Frontiers E-books
ISBN: 288919096X
Category :
Languages : en
Pages : 164

Book Description
The experimental analysis of animal behavior has a rich tradition in psychology, behavioral ecology and many other scientific branches dedicated to the study of decision making. However, it has never enjoyed a similar popularity in economics. This has recently changed with the dawn of neuroeconomics – a discipline combining the analytic and experimental tools of psychology and economics with the technologies available in neuroscience to unravel the neurobiological mechanisms underlying economic behavior. Since many of the sophisticated neuroscientific techniques can only be used on animals, neuroeconomists have come up with a large and ever-growing repertoire of animal models to probe economic decision making. Besides the value of using animals as model systems to emulate human economic behavior, the discipline of animal economic decision making exists in its very own right: an abundance of animal species at various evolutionary stages show behavior that complies with many of the predictions of economic theory, whilst, at the same time demonstrating violations of optimal choice models that are reminiscent of similar anomalies found in human behavior. Hence, the analysis of animal choice does not only offer insights into the evolutionary origins of economic decision making, it also testifies that the analysis of animal behavior is a convenient, economical and sound way to test competing economic decision models in optimally controlled experimental environments, to probe their neural implementation and to yield common denominators in choice behavior. In short, economic theory provides more than just an alternative language to describe animal psychology: its combination with biology, psychology and neuroscience gives way to synergy effects that open up new venues for studying economic choice. In this special issue, we would like to gather the latest results from this cross-disciplinary topic, address the overlap and discrepancies in (the neurobiology of) economic decision making found between species and identify the challenges that lie ahead in translating results from species to species, and ultimately to humans. The exclusive focus on non-human animals makes this Research Topic unique and distinct from previous special issues which covered a broader range of matters and subjects in the neurobiological analysis of decision making.

Neuroeconomics

Neuroeconomics PDF Author: Paul W. Glimcher
Publisher: Academic Press
ISBN: 0123914698
Category : Psychology
Languages : en
Pages : 560

Book Description
In the years since it first published, Neuroeconomics: Decision Making and the Brain has become the standard reference and textbook in the burgeoning field of neuroeconomics. The second edition, a nearly complete revision of this landmark book, will set a new standard. This new edition features five sections designed to serve as both classroom-friendly introductions to each of the major subareas in neuroeconomics, and as advanced synopses of all that has been accomplished in the last two decades in this rapidly expanding academic discipline. The first of these sections provides useful introductions to the disciplines of microeconomics, the psychology of judgment and decision, computational neuroscience, and anthropology for scholars and students seeking interdisciplinary breadth. The second section provides an overview of how human and animal preferences are represented in the mammalian nervous systems. Chapters on risk, time preferences, social preferences, emotion, pharmacology, and common neural currencies—each written by leading experts—lay out the foundations of neuroeconomic thought. The third section contains both overview and in-depth chapters on the fundamentals of reinforcement learning, value learning, and value representation. The fourth section, “The Neural Mechanisms for Choice, integrates what is known about the decision-making architecture into state-of-the-art models of how we make choices. The final section embeds these mechanisms in a larger social context, showing how these mechanisms function during social decision-making in both humans and animals. The book provides a historically rich exposition in each of its chapters and emphasizes both the accomplishments and the controversies in the field. A clear explanatory style and a single expository voice characterize all chapters, making core issues in economics, psychology, and neuroscience accessible to scholars from all disciplines. The volume is essential reading for anyone interested in neuroeconomics in particular or decision making in general. Editors and contributing authors are among the acknowledged experts and founders in the field, making this the authoritative reference for neuroeconomics Suitable as an advanced undergraduate or graduate textbook as well as a thorough reference for active researchers Introductory chapters on economics, psychology, neuroscience, and anthropology provide students and scholars from any discipline with the keys to understanding this interdisciplinary field Detailed chapters on subjects that include reinforcement learning, risk, inter-temporal choice, drift-diffusion models, game theory, and prospect theory make this an invaluable reference Published in association with the Society for Neuroeconomics—www.neuroeconomics.org Full-color presentation throughout with numerous carefully selected illustrations to highlight key concepts

Foraging

Foraging PDF Author: David W. Stephens
Publisher: University of Chicago Press
ISBN: 0226772659
Category : Science
Languages : en
Pages : 626

Book Description
Foraging is fundamental to animal survival and reproduction, yet it is much more than a simple matter of finding food; it is a biological imperative. Animals must find and consume resources to succeed, and they make extraordinary efforts to do so. For instance, pythons rarely eat, but when they do, their meals are large—as much as 60 percent larger than their own bodies. The snake’s digestive system is normally dormant, but during digestion metabolic rates can increase fortyfold. A python digesting quietly on the forest floor has the metabolic rate of thoroughbred in a dead heat. This and related foraging processes have broad applications in ecology, cognitive science, anthropology, and conservation biology—and they can be further extrapolated in economics, neurobiology, and computer science. Foraging is the first comprehensive review of the topic in more than twenty years. A monumental undertaking, this volume brings together twenty-two experts from throughout the field to offer the latest on the mechanics of foraging, modern foraging theory, and foraging ecology. The fourteen essays cover all the relevant issues, including cognition, individual behavior, caching behavior, parental behavior, antipredator behavior, social behavior, population and community ecology, herbivory, and conservation. Considering a wide range of taxa, from birds to mammals to amphibians, Foraging will be the definitive guide to the field.

Neuroeconomics

Neuroeconomics PDF Author: Laurie R. Santos
Publisher: Elsevier Inc. Chapters
ISBN: 0128073144
Category : Medical
Languages : en
Pages : 560

Book Description
In this chapter we discuss why behavioral studies of irrational biases in non-human primates are important for the field of neuroeconomics. We begin with a review of how behavioral work on choice biases in monkeys is important for understanding the nature of human choice errors. We then provide an introduction to the primate cognition approach, including a short overview of the organization of the primate order. We then briefly review the ecology and cognition of two primate species standardly used as models of human irrational decision making — brown capuchins and rhesus macaques. We next discuss empirical studies demonstrating that monkeys show human-like irrational errors in three of the classic situations in which human participants fall prey to biases: monkeys exhibit framing effects in risky decisions, they show endowment effects, and they are averse to ambiguous outcomes. We conclude our chapter with a discussion of how future work in neuroeconomics can capitalize on these new behavioral findings in monkeys.

Routledge Handbook of Behavioral Economics

Routledge Handbook of Behavioral Economics PDF Author: Roger Frantz
Publisher: Routledge
ISBN: 1317589246
Category : Business & Economics
Languages : en
Pages : 435

Book Description
There is no doubt that behavioral economics is becoming a dominant lens through which we think about economics. Behavioral economics is not a single school of thought but representative of a range of approaches, and uniquely, this volume presents an overview of them. The wide spectrum of international contributors each provides an exploration of a central approach, aspect or topic in behavorial economics. Taken together, the whole volume provides a comprehensive overview of the subject which considers both key developments and future possibilities. Part One presents several different approaches to behavioural economics, including George Katona, Ken Boulding, Harvey Leibenstein, Vernon Smith, Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Richard Thaler. This section looks at the origins and development of behavioral economics and compares and contrasts the work of these scholars who have been so influential in making this area so prominent. Part Two presents applications of behavioural economics including nudging; heuristics; emotions and morality; behavioural political economy, education, and economic innovation. The Routledge Handbook of Behavioral Economics is ideal for advanced economics students and faculty who are looking for a complete state-of-the-art overview of this dynamic field.

Decision-Making Experiments under a Philosophical Analysis: Human Choice as a Challenge for Neuroscience

Decision-Making Experiments under a Philosophical Analysis: Human Choice as a Challenge for Neuroscience PDF Author: Gabriel José Corrêa Mograbi
Publisher: Frontiers Media SA
ISBN: 2889196682
Category : Decision making
Languages : en
Pages : 125

Book Description
This introduction just aims to be a fast foreword to the special topic now turned into an e-book. The Editorial "Decision-Making Experiments under a Philosophical Analysis: Human Choice as a Challenge for Neuroscience" alongside with my opinion article "Neurophilosophical considerations on decision making: Pushing-up the frontiers without disregarding their foundations" play the real role of considering in more details the articles and the whole purpose of this e-book. What I must highlight in this foreword is that our intention with such a project was to deepen into the very foundations of our current paradigms in decision neuroscience and to philosophically moot its foundations and repercussions. Normal Science (a term coined by Philosopher Thomas Kuhn) works under a research consensus among a scientific community: A shared paradigm, consolidated methods, widespread convictions. Pragmatically, winning formulas must be kept, although, not at any cost. What differentiates a gifted and revolutionary scientist from a more bureaucratic colleague is the capacity and willingness of constantly reevaluating, depurating and refining his/her own paradigm. That is best strategy to avoid that a paradigm itself would gradually come under challenge. In my view, some achievements, in this sense, were brought about in our project. The e-book will be inspiring and informative for both neuroscientists that are concerned with the very foundations of their works and for philosophers that are not blind to empirical evidence. Kant once said: “Thoughts without content are empty, intuitions without concepts are blind”. Paraphrasing Kant we could say: Philosophy without science is empty, science without philosophy is blind.

Handbook of Neurobehavioral Genetics and Phenotyping

Handbook of Neurobehavioral Genetics and Phenotyping PDF Author: Valter Tucci
Publisher: John Wiley & Sons
ISBN: 1118540719
Category : Medical
Languages : en
Pages : 648

Book Description
The Handbook of Behavioral Genetics and Phenotyping represents an integrative approach to neurobehavioural genetics; worldwide experts in their field will review all chapters. Advanced overviews of neurobehavioural characteristics will add immense value to the investigation of animal mutants and provide unique information about the genetics and behavioural understanding of animal models, under both normal and pathological conditions. Cross-species comparisons of neurobehavioural phenotypes will pave the way for an evolutionary understanding of behaviour. Moreover, while biological sciences are progressing towards a holistic approach to investigate the complexity of organisms (i.e., “systems biology” approach), an integrated analysis of behavioural phenotyping is still lacking. The Handbook of Behavioral Genetics and Phenotyping strengthens the cross-talk within disciplines that investigate the fundamental basis of behaviour and genetics. This will be the first volume in which traditionally distant fields including genomics, behaviour, electrophysiology, neuroeconomics, and computational neuroscience, among others, are evaluated together and simultaneously accounted for during discussions of future perspectives.

Neuroeconomics and the Decision-Making Process

Neuroeconomics and the Decision-Making Process PDF Author: Christiansen, Bryan
Publisher: IGI Global
ISBN: 1466699906
Category : Psychology
Languages : en
Pages : 354

Book Description
Neuroeconomics has emerged as a field of study with the goal of understanding the human decision-making process and the mental consideration of multiple outcomes based on a selected action. In particular, neuroeconomics emphasizes how economic conditions can impact and influence the decision-making process and alternately, how human actions have the power to impact economic conditions. Neuroeconomics and the Decision-Making Process presents the latest research on the relationship between neuroscience, economics, and human decision-making, including theoretical foundations, real-world applications, and models for implementation. Taking a cross-disciplinary approach to neuroeconomic theory and study, this publication is an essential reference source for economists, psychologists, business professionals, and graduate-level students across disciplines.

From Stimulus to Behavioral Decision-Making

From Stimulus to Behavioral Decision-Making PDF Author: Gérard Manière
Publisher: Frontiers Media SA
ISBN: 2889634639
Category :
Languages : en
Pages : 116

Book Description
The proper detection of stimuli coming from the environment is vital for any organism, in vertebrates as in invertebrates. Animals use different sensory modalities, independently or simultaneously, to detect them, such as audition, vision, olfaction, taste and touch. Indeed, in their ecosystems, animals constantly perceive various sensory signals. These stimuli come either from the environment (light, temperature, humidity, salinity...), or from other organisms (calls, colors, movements, pheromones, allomones, ...). This eBooks combines studies and comments (research articles, reviews, opinions ...), dealing with how animals detect a precise simple or complex sensory signal, confer a value to that signal, and respond to it by devoted and adaptive behaviors. This eBook provides a general overview for the detection of identified stimuli, and the mechanisms that lead to decision-making in animals. It also highlights the differences and similarities that may exist between vertebrates and invertebrates.

Encyclopedia of Neuroscience, Volume 1

Encyclopedia of Neuroscience, Volume 1 PDF Author: Larry R. Squire
Publisher: Academic Press
ISBN: 0080963935
Category : Medical
Languages : en
Pages : 12505

Book Description
The Encyclopedia of the Neuroscience explores all areas of the discipline in its focused entries on a wide variety of topics in neurology, neurosurgery, psychiatry and other related areas of neuroscience. Each article is written by an expert in that specific domain and peer reviewed by the advisory board before acceptance into the encyclopedia. Each article contains a glossary, introduction, a reference section, and cross-references to other related encyclopedia articles. Written at a level suitable for university undergraduates, the breadth and depth of coverage will appeal beyond undergraduates to professionals and academics in related fields.