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dc.contributor.authorSinger, Taniaen_US
dc.contributor.authorFehr, Ernsten_US
dc.date.accessioned2005-09-15en_US
dc.date.accessioned2010-07-07T09:10:31Z-
dc.date.available2010-07-07T09:10:31Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/33340-
dc.description.abstractThe most fundamental solution concepts in Game Theory Nash equilibrium, backward induction, and iterated elimination of dominated strategies are based on the assumption that people are capable of predicting others' actions. These concepts require people to be able to view the game from the other players' perspectives, i.e. to understand others' motives and beliefs. Economists still know little about what enables people to put themselves into others' shoes and how this ability interacts with their own preferences and beliefs. Social neuroscience provides insights into the neural mechanism underlying our capacity to represent others' intentions, beliefs, and desires, referred to as Theory of Mind or mentalizing, and the capacity to share the feelings of others, referred to as empathy. We summarize the major findings about the neural basis of mentalizing and empathizing and discuss some implications for economics.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 1647en_US
dc.subject.jelA10en_US
dc.subject.jelC90en_US
dc.subject.ddc330en_US
dc.subject.keywordneuroeconomicsen_US
dc.subject.keywordmind readingen_US
dc.subject.keywordempathyen_US
dc.subject.stwAltruismusen_US
dc.subject.stwSpieltheorieen_US
dc.subject.stwKognitionen_US
dc.subject.stwNeuroökonomieen_US
dc.titleThe neuroeconomics of mind reading and empathyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn499496108en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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