Neuroeconomics Samenvattingen, Aantekeningen en Examens

Value-Based Choice (Lecture 11 of 16 in NEUR00014: Neural Basis of Motivation and Learning) Through review of the neural basis of value-based choice.

Orbitofrontal Cortex: Emotion, Learning & Value (Lecture 12 of 16 in NEUR0014: Neural Basis of Motivation and Learning) Thorough review of the proposed functions of the orbitofrontal cortex including the somatic marker hypothesis, response inhibition and the encoding of value and expected reward - and evidence to disprove some of these theories! The orbitofrontal cortex is a very important brain area in the field of neuroeconomics - but how do we know this, and what neural basis underpins ...

IOP3708_EXAM_NOTES Page 1 of 39 IOP 3708 NOTES Specific Outcome 1 Specific Outcome 1: Students can describe and discuss behavioural finance, neuroeconomics, firstly in terms of background, conventional finance, prospect theory and market efficiency; secondly the behavioural science foundations of heuristics and biases; overconfidence, and emotional foundations and thirdly, in terms of the history of decision making Assessment criteria: • Theories and definitions of behavioural finance...

Thinking Definition - Answer-any mental activity or processing of information, including learning, remembering, perceiving, communicating, believing, and deciding What is cognitive economy? - Answer-The use of heuristics to reduce mental effort while still getting things right most of the time What are heuristics? - Answer-Mental shortcuts, drawn from inferences, to increase thinking efficiency Can fast and frugal thinking be better than exhaustive analysis? - Answer-Yes What is cognitive ...

Extensive summary of the first three weeks of the course "Brain Organisation and Cognition for Behavioural Scientists", which is part of the Msc. Business Economics, Neuroeconomics track. I only did an extensive one for the first three weeks, since it's the most complicated material for people with an Economics background. Good luck studying :)

Chapter 8 8.1 Consumption Choices 1) The change in total utility that results from a one-unit increase in the quantity of a good consumed is A) additional utility. B) marginal utility. C) average utility. D) marginal utility per dollar. E) fractional utility. 2) Utility is A) the value of a good. B) the additional satisfaction received from consuming another unit of a good. C) the benefit or satisfaction from consuming goods and services. D) the practical usefulness of a good. E) equal to the pr...

A full typed out version of the 6 lectures given of Games & Strategy

Thinking Definition - Answer- any mental activity or processing of information, including learning, remembering, perceiving, communicating, believing, and deciding What is cognitive economy? - Answer- The use of heuristics to reduce mental effort while still getting things right most of the time What are heuristics? - Answer- Mental shortcuts, drawn from inferences, to increase thinking efficiency Can fast and frugal thinking be better than exhaustive analysis? - Answer- Yes What is ...

Summary of most mandatory articles of Bad Habits. Most articles are summarized by answering the learning goals and thus not individually summarized. Some empirical articles are also summarized. See below which articles are summarized. Task 1: -Dohle, S., Diel, K., & Hofmann, W. (2018). Executive functions and the self-regulation of eating behavior: A review. Appetite, 124, 4-9. -Friese, M., Hofmann, W., & Wiers, R. W. (2011). On taming horses and strengthening riders: Recent developments...

• Theories and definitions of behavioural finance and behavioural economics and Neuroeconomics are researched to explain investment behaviour and the challenges to market efficiency • Standard economic theory and behavioural economic theory are compared with examples. Prospect theory, framing and mental accounting are defined, described and applied to explain behaviour • Systematic biases, heuristics, overconfidence, emotional foundations and values distortion are defined. How these cau...