Overview
Neuroeconomics: Decision Making and the Brain is the standard neuroeconomics text. The second edition features five sections that introduce major topics and synopsize 20 years of accomplishment in this expanding discipline. The first section introduces microeconomics, the psychology of judgment and decision, computational neuroscience, and anthropology. The second reviews how human and animal preferences are represented in mammalian nervous systems. Chapters on risk, time and social preferences, emotion, pharmacology, and common neural currencies present the foundation of neuroeconomic thought. The third section contains chapters on fundamentals of reinforcement and value learning and value representation. The fourth section integrates knowledge about decision-making into state-of-the-art choice models. The final section embeds these mechanisms in a larger social context, showing how they function during social decision making in humans and animals. The book provides historically rich exposition and emphasizes accomplishments and controversies in the field. A clear explanatory style and single voice make core issues in economics, psychology, and neuroscience accessible to scholars in all disciplines. The volume is essential for those interested in neuroeconomics or decision making. Editors and contributors are among acknowledged experts in the field.