11/3/2022 0 Comments Joe cable lab upenn![]() ![]() Joseph Kable: Neuroeconomics is a convergence of two influences. Professor Kable spoke with Arabic Knowledge at Wharton to explain his work in neuroeconomics and the how the research could apply to a wide range of decision-making processes, from daily buying decisions to the unrest in the Middle East.Īn edited transcript of the conversation follows.Īrabic Knowledge at Wharton: What exactly is neuroeconomics? Neural value signals can help explain these deviations and how decision-making processes differ from individual to individual. He uses functional Magnetic Resonance Imaging (fMRI) to show the value people place on immediate and delayed rewards. His studies address questions such as how people’s choices deviate from rational choice theory, and what people do if they’re offered US$20 now or US$21 a few weeks later. ![]() Professor Kable studies how people make decisions by tracing out the underlying psychological and neural mechanisms of choice. By utilizing the findings from economics, neuroscience and psychology, experts are gaining new insights into how people make decisions, and about the neural mechanisms in the brain that trigger economic decisions.Īt the University of Pennsylvania, Joseph Kable, assistant professor in the psychology and education departments, is conducting research in neuroeconomics, and considering ways to bring the pioneering approach into the working world. Neuroeconomics is a burgeoning field of research that is shedding new light on traditional economic models.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |