Comments on neuroeconomics

Ariel Rubinstein

    Research output: Contribution to journalComment/debatepeer-review

    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.

    Original languageEnglish (US)
    Pages (from-to)485-494
    Number of pages10
    JournalEconomics and Philosophy
    Volume24
    Issue number3
    DOIs
    StatePublished - Nov 2008

    ASJC Scopus subject areas

    • Philosophy
    • Economics and Econometrics

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