Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/200986 
Authors: 
Year of Publication: 
2019
Series/Report no.: 
Economics Discussion Papers No. 2019-45
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
In his paper Emotion and reasoning in human decision-making (Economics Discussion Papers, No 2019-8) Edmund Rolls points out that multiple and independent types of reinforcement exist in the human brain, and that they cannot be reduced to a common currency. The present commentary introduces non-specialist readers to this wide variety of reinforcers, each of which carries equal biological value. The evolutionary forces underwriting them reveal much about the causes of our apparently irrational choices - which is why it is important for economists to acquaint themselves with such things.
Subjects: 
decision-making
brain mechanisms
basic emotions
reward value
economicvalue
dominance hierarchies
macroeconomics
microeconomics
affective neuroscience
JEL: 
D01
D87
D91
E71
G41
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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