Saturday, September 03, 2005


  • Introduction:

Neuroeconomics combines neuroscience, economics, and psychology to study how we make choices. It looks at the role of the brain when we evaluate decisions, categorize risks and rewards, and interact with each other. Here, you can find much more introductory information.An excellent introduction to Neuroeconomics for non-specialists, by Colin Camerer, is available here. An article entitled "Economics of Brain" which introduce neuroeconomics can be find here.

  • Associations and Research Centers in Neuroeconomics:
  1. The Center for the Study of Neuroeconomics(CSN) at George Mason University
  2. The Center for Neuroeconomics Studies
  3. Research Team Neuroeconomics
  4. Meuroeconomic Lab at Calthec
  5. The Society for Neuroeconomics
  • Introductory Articles in Neuroeconomics:
  1. Neuroeconomics: How Neuroscience Can Inform Economics written by Colin Camerer, George Lowenstein and Drazen Prelec.
  2. Neuroeconomics: Why Economics Needs Brain? written by Colin Camerer, George Lowenstein and Drazen Prelec.
  3. The Case for Mindless Economics written by Faruq Gul and Wolfgang Pesendorfer.
  4. A power point series to introduce Neuroeconomics could be found here.
  • Some Applications of Neuroeconomics:
  1. Neuroeconomic Foundations of Trust and Social Preferences, forthcoming in American Economic Review (written by Ernst Fehr, Urs Fischbacher and Michael Kosfeld)
  2. The Neural Basis of Altruistic Punishment written by Ernst Fehr, Science 305, 27 August 2004, 1254-1258
  3. The Neuroeconomics of Mind Reading and Empathy,American Economic Review - Papers & Proceedings 95(2005), 340-345 (written by Ernst Fehr and Tania Singer).
  4. Oxytocin increases Trust in Humans, NATURE 435, 2 June 2005, 673-676 (written by Ernst Fehr ,Michael Kosfeld, Markus Heinrichs, Paul Zak and Urs Fischbacher)
  • Websites, Weblogs in Neuroeconomics:
  1. There is a weblog concentrated on Neuroeconomics written by Terrence Chorvat in which any related news or information is declared. You can find it here.
  2. A webpage dedicated to Neuroeconomics is written by Richard Peterson
  3. A weblog about Neuroeconomics is written by Kevin McCabe

Thursday, September 01, 2005

Behavioral Game Theory:

  • Introduction

Behavioral Game Theory is a subfield of Behavioral Economics which uses experimental evidence to explain why people deviate from strategic and rational behaviors that are expected by Game Theory principles.

  • Course Syllabi:
  1. Here is a course syllabus in Behavioral Game Theory taught by Vincent Crawford
  • Introductory Articles concerning Behavioral Game Theory:
  1. Progress in Behavioral Game Theory written by Colin Camerer
  2. Behavioral Game Theory: Thinking, Learning and Teaching," written by Colin Camerer with Teck-Hua Ho and Juin Kuan Chong. (downloadable)
  3. "Functional EWA: A one-parameter theory of learning in games." Includes 4 more data sets not in May 2002 version. Ho, Teck-Hua; Colin F. Camerer; and Juin-Kuan Chong. Nov. 2002. May 2002 version (downloadable)
  4. Sophisticated EWA learning and strategic teaching in repeated games," written by Colin Camere with Teck-Hua Ho and Juin Kuan Chong. Journal of Economic Theory, May 2002, 104 (1), 137-188 (downloadable)
  • Basic Books in Behavioral Game Theory:
  1. Behavioral Game Theory : Experiments in Strategic Interaction (The Roundtable Series in Behavioral Economics) by Colin F. Camerer