The idea that understanding the brain can inform economics is controversial but not new; for 20 years, behavioral economists have argued that psychology should have a greater influence on the development of economic models. What is new is the use of technology: economists, like other researchers, now have at their disposal powerful tools for observing the brain at work. The most popular tool, functional magnetic resonance imaging (fMRI), has been around since the late 1980s; but only in the past few years has it been used to study decision-making, which is the crux of economic theory.
Subscribe to:
Post Comments (Atom)
Balancing the 4Cs for Global Business Leadership: A Framework for Competence, Character, Commitment, and Consciousness
In an era of unprecedented global complexity, business leaders face mounting pressure to navigate volatile markets, foster innovation, and...
-
Neurocardiology: The Brain in the Heart While the Laceys were doing their research in psychophysiology, a small group of cardiovas...
-
Sri Lanka’s healing traditions, spanning over two millennia, weave together indigenous practices, Ayurveda, and modern medicine, creating ... -
I'm not a designer, but I've always been in love with the design concept of white space . It's the space in a design that...
No comments:
Post a Comment