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COMMENTS ON NEUROECONOMICS

Published online by Cambridge University Press:  01 November 2008

Ariel Rubinstein
Ariel Rubinstein*
Affiliation:
The University of Tel Aviv Cafes and Department of Economics, New York University
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Abstract

Neuroeconomics is examined critically using data on the response times of subjects who were asked to express their preferences in the context of the Allais Paradox. Different patterns of choice are found among the fast and slow responders. This suggests that we try to identify types of economic agents by the time they take to make their choices. Nevertheless, it is argued that it is far from clear if and how neuroeconomics will change economics.

Type
Essay
Information
Economics & Philosophy , Volume 24 , Issue 3: Neuroeconomics , November 2008 , pp. 485 - 494
Copyright
Copyright © Cambridge University Press 2008

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References

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