New Economics Papers
on Neuroeconomics
Issue of 2007‒04‒09
two papers chosen by
Daniela Raeva

  1. Occupational Activities and Cognitive Reserve: a Frontier Approach Applied to the Survey on Health, Ageing, and Retirement in Europe By Stéphane Adam; Christelle Bay; Eric Bonsang; Sophie Germain; Sergio Perlman
  2. Instinctive and Cognitive Reasoning: A Study of Response Times By Ariel Rubinstein

  1. By: Stéphane Adam; Christelle Bay; Eric Bonsang; Sophie Germain; Sergio Perlman
    Abstract: The aim of this paper was to use a parametric stochastic frontier approach (coming from the economic literature) to explore the impact of the concept of activity (taken in a broad sense: i.e., including both professional and non-professional activities) on the constitution and the care of cognitive reserve among the European population aged 50 and up. For this purpose, we use individual data collected during the first wave of SHARE (Survey on Health, Ageing and Retirement in Europe) performed in 2004. The advantages of this survey were (1) it included a large population (n = 18,623) geographically distributed throughout Europe; and (2) it simultaneously analyzed several dimensions (physical and mental health, mobility, occupational activities, socioeconomic status, etc.). Our results confirm the positive impact of occupational activities on the cognitive functioning of elderly people. These results are discussed in terms of the prevention of cognitive aging and Alzheimer’s disease, and more particularly of retirement policy issues.
    Date: 2006
  2. By: Ariel Rubinstein
    Abstract: Lecture audiences and students were asked to respond to virtual decision and game situations at Several thousand observations were collected and the response time for each answer was recorded. There were significant differences in response time across responses. It is suggested that choices made instinctively, that is, on the basis of an emotional response, require less response time than choices that require the use of cognitive reasoning.
    Keywords: Response Time, Instinctive and Cognitive Reasoning, Experimental Game Theory
    JEL: C9

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