New Economics Papers
on Neuroeconomics
Issue of 2008‒05‒31
two papers chosen by
Daniela Raeva

  1. On an Evolutionary Foundation of Neuroeconomics By Schipper, Burkhard C
  2. Cognitive ability and continuous measures of relative hand-skill. a note By Kevin Denny

  1. By: Schipper, Burkhard C
    Abstract: Neuroeconomics focuses on brain imaging studies mapping neural responses to choice behavior. Economic theory is concerned with choice behavior but it is silent on neural activities. We present a game theoretic model in which players are endowed with an additional structure - a simple "nervous system" - and interact repeatedly in changing games. The nervous system constrains information processing functions and behavioral functions. By reinterpreting results from evolutionary game theory (Germano, 2007), we suggest that nervous systems can develop to "function well" in exogenously changing strategic environments. We present an example indicating that an analogous conclusion fails if players can influence endogenously their environment.
    Keywords: Neuroeconomic theory; Evolutionary game theory; Learning in games
    JEL: B40 B21 A12 C73 B25 C72 D87
    Date: 2008–04–16
  2. By: Kevin Denny (School of Economics & Geary Institute, University College Dublin)
    Abstract: This note re-examines a finding by Crow et al. (1998) that equal skill of right and left hands is associated with deficits in cognitive ability. This is consistent with the idea that failure to develop dominance of one hemisphere is associated with various pathologies such as learning difficulties. Using the same data source but utilising additional data, evidence is found of a more complex relationship between cognitive ability and relative hand skill.
    Date: 2008–02–04

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