2007-10-20 papers

on Neuroeconomics

Issue of 2007‒10‒20
one paper chosen by
Daniela Raeva

Explaining the logic of pure preference in a neurodynamic structure By Dominique, C-Rene

Explaining the logic of pure preference in a neurodynamic structure

By:	Dominique, C-Rene
Abstract:	This paper uses Category Theory to integrate a nonlinear, nonhomogeneous ordinary differential equation system into an input/output representation in an attempt to capture the mechanism behind the formation of pure preference in humans. The model shows that the human brain belongs to the class of functions U ε C2(R3, R). In addition, it shows that there exists an emerging factor, e, which is sine qua non for expressing a preference. The factor, e, may be associated with ‘judgement’ which, in turn, may neatly subsume ‘consciousness’, the arrival of new information, and cases of selection under risks and uncertainty.
Keywords:	Input/output; Dynamo; Universal Unfoldings; Emergent factor; Awareness; and Preference.
JEL:	B41 A14 A1
Date:	2006–12–08
URL:	http://d.repec.org/n?u=RePEc:pra:mprapa:5283&r=neu

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