Results 91 to 100 of about 2,747 (208)
Theoretical frameworks for neuroeconomics of intertemporal choice [PDF]
Intertemporal choice has drawn attention in behavioral economics, econophysics, and neuroeconomics. Recent studies in mainstream economics have mainly focused on inconsistency in intertemporal choice (dynamic inconsistency); while impulsivity/impatience in intertemporal choice has been extensively studied in behavioral economics of addiction.
arxiv
“If only we'd known”: Theory of supply failure under two‐sided information asymmetry
Abstract Supply failures are persistent and costly in contemporary supply chains. Viewed through the lens of agency theory, such failures are potentially caused by hidden actions of the supplier under information asymmetry and goal incongruence in the buyer–supplier relationship (as principal–agent).
Katri Kauppi+3 more
wiley +1 more source
Against the background of an increasingly competitive market environment, the current study aimed to investigate whether and how victory and defeat, as two critical factors in competition outcomes, would affect consumers’ preference of unfamiliar brands.
Wenjun Yu+7 more
doaj +1 more source
The Brand Scandal Spillover Effect at the Country Level: Evidence From Event-Related Potentials
The spillover effect of brand scandals commonly exists, and this effect will damage the image of the company, industry or even country in which the scandal occurred.
Bonai Fan+7 more
doaj +1 more source
Older adults process the probability of winning sooner but weigh it less during lottery decisions
Empirical evidence has shown that visually enhancing the saliency of reward probabilities can ease the cognitive demands of value comparisons and improve value-based decisions in old age. In the present study, we used a time-varying drift diffusion model
Hsiang-Yu Chen+3 more
doaj +1 more source
Neuroeconomics: Infeasible and Underdetermined [PDF]
Advocates of neuroeconomics claim to offer the prospect of creating a “unified behavioral theory” by drawing upon the techniques of neuroscience and psychology and combining them with economic theory. Ostensibly, through the “direct measurement” of our thoughts, economics and social science will be “revolutionized.” Such claims have been subject to ...
McMaster, Robert, Novarese, Marco
openaire +3 more sources
Biophysics of risk aversion based on neurotransmitter receptor theory [PDF]
Decision under risk and uncertainty has been attracting attention in neuroeconomics and neuroendocrinology of decision-making. This paper demonstrated that the neurotransmitter receptor theory-based value (utility) function can account for human and animal risk-taking behavior.
arxiv
A Supervised Goal Directed Algorithm in Economical Choice Behaviour: An Actor-Critic Approach [PDF]
This paper aims to find an algorithmic structure that affords to predict and explain economical choice behaviour particularly under uncertainty(random policies) by manipulating the prevalent Actor-Critic learning method to comply with the requirements we have been entrusted ever since the field of neuroeconomics dawned on us.
arxiv
The Q-Exponential Decay of Subjective Probability for Future Reward: A Psychophysical Time Approach
This study experimentally examined why subjective probability for delayed reward decays non-exponentially (“hyperbolically”, i.e., q ˂ 1 in the q-exponential discount function) in humans.
Taiki Takahashi+3 more
doaj +1 more source
Decision under ambiguity: Effects of sign and magnitude [PDF]
Decision under ambiguity (uncertainty with unknown probabilities) has been attracting attention in behavioral and neuroeconomics. However, recent neuroimaging studies have mainly focused on gain domains while little attention has been paid to the magnitudes of outcomes. In this study, we examined the effects of the sign (i.e.
arxiv