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The disunity of neuroeconomics: a methodological appraisal

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  • Roberto Fumagalli

Abstract

The recent advancements at the interface between economics and neuroscience have encouraged neuroeconomists to raise several criticisms concerning the economic theory of choice. At present, however, there is little agreement with regard to the theoretical presuppositions and the explanatory aims of neuroeconomics. In this paper, I assess the scope and the significance of neuroeconomists' divergences, casting doubt on their attempts to provide a unified theoretical framework for analysing human choice behaviour. Moreover, I highlight some respects in which methodologically informed considerations can promote the consolidation of the neuroeconomic enterprise.

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  • Roberto Fumagalli, 2010. "The disunity of neuroeconomics: a methodological appraisal," Journal of Economic Methodology, Taylor & Francis Journals, vol. 17(2), pages 119-131.
    • Handle: RePEc:taf:jecmet:v:17:y:2010:i:2:p:119-131
    DOI: 10.1080/13501781003756493
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    References listed on IDEAS

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    1. Caplin, Andrew & Schotter, Andrew, 2008. "The Foundations of Positive and Normative Economics: A Handbook," OUP Catalogue, Oxford University Press, number 9780195328318.
    2. Cartwright,Nancy, 1999. "The Dappled World," Cambridge Books, Cambridge University Press, number 9780521643368, September.
    3. Cartwright,Nancy, 1999. "The Dappled World," Cambridge Books, Cambridge University Press, number 9780521644112, September.
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    Cited by:

    1. Brette, Olivier & Buhler, Thomas & Lazaric, Nathalie & Marechal, Kevin, 2014. "Reconsidering the nature and effects of habits in urban transportation behavior," Journal of Institutional Economics, Cambridge University Press, vol. 10(3), pages 399-426, September.
    2. Massimiliano Affinito & Ludovica Galotto & Francesco Privitera, 2024. "The case for mindful customer protection: a review and some thoughts on neuroeconomics and neurofinance," Questioni di Economia e Finanza (Occasional Papers) 888, Bank of Italy, Economic Research and International Relations Area.
    3. Alexandre Truc, 2023. "Neuroeconomics: Hype or Hope? An Answer," Post-Print hal-04719266, HAL.
    4. Alexandre Truc, 2022. "Neuroeconomics Hype or Hope? An Answer," GREDEG Working Papers 2022-26, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

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