Camerer, C. F. (2007). Neuroeconomics: using neuroscience to make economic predictions. The Economic Journal, 117(519), C26-C42.
Neuroeconomics seeks to ground economic theory in detailed neural mechanisms which are expressed mathematically and make behavioural predictions. One finding is that simple kinds of economising for life‐and‐death decisions (food, sex and danger) do occur in the brain as rational theories assume. Another set of findings appears to support the neural basis of constructs posited in behavioural economics, such as a preference for immediacy and ...