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Towards a Theory of Revealed Economic Behavior: The Economic-Neurosciences Interface

Author

Listed:
  • Joost Pennings
  • Philip Garcia
  • Eligius Hendrix

Abstract

Based on recent findings from economics and the neurosciences, we present a conceptual decision-making model that provides insight into human decision-making and illustrates how behavioral outcomes are transformed into phenomena. The model may be viewed as a bridge between the seemingly disparate disciplines of neuroscience and economics that may facilitate more integrative research efforts and provide a framework for developing research agendas for scientists interested in human behavior and economic phenomena. Copyright Springer 2005

Suggested Citation

  • Joost Pennings & Philip Garcia & Eligius Hendrix, 2005. "Towards a Theory of Revealed Economic Behavior: The Economic-Neurosciences Interface," Journal of Bioeconomics, Springer, vol. 7(2), pages 113-127, January.
    • Handle: RePEc:kap:jbioec:v:7:y:2005:i:2:p:113-127
    DOI: 10.1007/s10818-005-6417-z
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    References listed on IDEAS

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    More about this item

    Keywords

    revealed behavior; decision-making model; predicting behavior; understanding behavior; economics; neurosciences; synthesis; A1; D1; E6; G1; M1; Q1;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • D1 - Microeconomics - - Household Behavior
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • G1 - Financial Economics - - General Financial Markets
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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