EconStor >
University of California (UC) >
UC Davis, Department of Economics >
Working Papers, Department of Economics, UC Davis >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/31361
  
Title:On an evolutionary foundation of neuroeconomics PDF Logo
Authors:Schipper, Burkhard C.
Issue Date:2008
Series/Report no.:Working papers // University of California, Department of Economics 08,4
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.
JEL:C72
C73
C90
Document Type:Working Paper
Appears in Collections:Working Papers, Department of Economics, UC Davis

Files in This Item:
File Description SizeFormat
571805728.pdf233.73 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/31361

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.