Neuroeconomics and the economic sciences

Economics and Philosophy

Volumn 24, Issue 3, 2008, Pages 345-368

  McCabe, Kevin A ^a  

^a GEORGE MASON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 55549103023     PISSN: 02662671     EISSN: 14740028     Source Type: Journal    
DOI: 10.1017/S0266267108002010     Document Type: Review

References (63)

1. Balleine, B. and A. Dickinson. 1998. Goal-directed instrumental action: contingency and incentive learning and their cortical substrates. Neuropharmacology 37: 407-19.
2. Berg, J., J. Dickhaut and K. McCabe. 1995. Trust, reciprocity, and social history. Games and Economic Behavior 10: 122-42.
3. Botvinick, C. S. C. and J. D. Cohen. 2000. Anterior cingulate and prefrontal cortex: who's in control? Nature Neuroscience 3: 421-3.
4. Camerer, C., G. Loewenstein and D. Prelec. 2005. Neuroeconomics: How neuroscience can inform economics. Journal of Economic Literature 2005: XLIII.
5. Cherry, T., P. Frykblom and J. Shogren. 2002. Hardnose the Dictator. American Economic Review 92: 1218-21.
6. Coltheart, M. 2004. Brain imaging, connectionism, and cognitive neuropsychology. Cognitive Neuropsychology 21: 21-5.
7. Connover, K. and P. Shizgal. 2005. Employing labor-supply theory to measure the reward value of electrical brain stimulation. Games and Economic Behavior 52: 283-304.
8. Forsythe, R., J. Horowitz, N. Eugene Savin and M. Sefton. 1994. Replicability, fairness and pay in experiments with simple bargaining games. Games and Economic Behavior 6: 347-69.
9. Frith, C. D. and U. Frith. 1999. Interacting minds - a biological basis. Science 286: 1692-5.
10. Gazzaniga, M., R. Ivry and G. Mangun 2002. Cognitive neuroscience, 2nd Edn. New York: W. W. Norton & Company.
11. Gigerenzer, G. and R. Selten. 2001. Bounded rationality: The adaptive toolbox. Cambridge, MA: MIT Press.
12. Glimcher, P. W. and A. Rustichini. 2004. Neuroeconomics: The concilience of brain and decision. Science 306: 447-52.
13. Gode, D. and S. Sunder. 1993. Allocative efficiency of markets with zero intelligence traders: market as a partial substitute for individual rationality. Journal of Political Economy 101: 119-37.
14. Gul, F. and W. Pesendorfer. 2005. The case for mindless economics. Working Paper. Princeton, NJ: Princeton University.
15. Guth, S., R. Schmittberger and B. Schwarze. 1982. An experimental analysis of ultimatum bargaining. Journal of Economic Behavior and Organization 3: 367-88.
16. Harley, T. 2004. Does cognitive neuropsychology have a future. Cognitive Neuropsychology 21: 3-16.
17. Henson, R. A. 2005. What can functional neuroimaging tell the experimental psychologist? Quarterly Journal of Experimental Psychology 58A: 193-233.
18. Henson, R. N. A., Rugg, M. D., Shallice, T., Josephs, O. & Dolan, R. 1999. Recollection and familiarity in recognition memory: An event-related fMRI study. Journal of Neuroscience 19: 3962-72.
19. Hoffman, E., K. McCabe and V. Smith. 1996. Social distance and other-regarding behavior. American Economic Review 86: 653-60.
20. Hoffman, E., K. McCabe, K. Shachat and V. Smith. 1994. Preferences, property rights, and anonymity in bargaining games. Games and Economic Behavior 7: 346-80.
21. Holland, J.H., K. J. Holyoak, R. E. Nisbett, R. E. Thagard. 1986. Induction: Processes of inference, learning, and discovery. Cambridge, MA: MIT Press.
22. Houser, D. 2008. Experimental neuroeconomics and non-cooperative games. In Handbook of neuroeconomics, ed. P. W. Glimcher, C. F. Camerer, E. Fehr and R. A. Poldrack. Academic Press.
23. Houser, D., D. Schunk and E. Xiao. 2007. Combining brain and behavioral data to improve econometric policy analysis. Analyse & Kritik 29: 86-96.
24. Huetell, S.,A. Song and G. McCarthy. 2004. Functional magnetic resonance imaging. Sunderland, MA: Sinauer Associates.
25. Kable, J. and P. Glimcher. 2007. The neural correlates of subjective value during intertemporal choice. Nature Neuroscience 10: 1625-33.
26. King-Casa, B., D. Tomlin, C. Anen, C. Camerer, S. Quartz and P. Read Montague. 2005. Getting to know you: Reputation and trust in a two-person economic exchange. Science 308: 78-83.
27. Knoch, D., A. Pascual-Leone, K. Meyer, V. Treyer and E. Fehr. 2006. Diminishing reciprocal fairness by disrupting the right prefrontal cortex. Science 314: 829-32.
28. Knutson, B., A. Westdorp, E. Kaiser and D. Hommer. 2000. FMRI visualization of brain activity during a monetary incentive delay task. NeuroImage 12: 20-7.
29. Knutson, B., C. M. Adams, G. W. Fong and D. Hommer. 2001a. Anticipation of increasing monetary reward selectively recruits nucleus accumbens. Journal of Neuroscience 21(RC159): 1-5.
30. Knutson, B., G. W. Fong, C. M. Adams, J. L. Varner and D. Hommer. 2001b. Dissociation of reward anticipation and outcome with event-related FMRI. NeuroReport 12: 3683-7.
31. Kosfeld, M., M. Heinreichs, P. Zak, U. Fishbacher and E. Fehr. 2005. Oxytocin increases trust in humans. Nature 435: 673-6.
32. Krueger, F., K. McCabe, J. Moll, N. Kriegeskorte, R. Zahn, M. Strenziok, A. Heinecke and J. Grafman. 2007. Neural correlates of trust. Proceedings of the National Academy of Sciences, USA 104: 20084-9.
33. Kuhnen, C. and B. Knutson. 2005. The neural basis of financial risk taking. Neuron 47: 763-70.
34. LeDoux, J. 2002. Synaptic self. New York: Penguin Books.
35. Ledyard, J. 1986. The scope of the hypothesis of Bayesian equilibrium. Journal of Economic Theory 39: 59-82.
36. Logothetis, N., J. Pauls, M. Augath, T. Trinath and A. Oeltermann. 2001. Neurophysiological investigation of the basis of the fMRI signal. Nature 412: 128-30.
37. Lohrenz, T., K. McCabe, C. Camerer and P. Read Montague. 2007. Neural signature of fictive learning signals in a sequential investment task. Proceedings of the National Academy of Sciences, USA 104: 9493-8.
38. Maynard-Smith, J. 1982. The theory of games and the evolution of animal conflicts. Journal of Theoretical Biology 47: 209-21.
39. McCabe, K. 2002. Neuroeconomics. In Encyclopedia of Cognitive Science, ed. L. Nadel. London: Nature Publishing Group.
40. McCabe, K. and V. Smith. 2000. A two person trust game played by naïve and sophisticated subjects. Proceedings of the National Academy of Sciences, USA 97: 3777-81.
41. McCabe, K.,M. Rigdon and V. Smith. 2003. Positive reciprocity and intentions in trust games. Journal of Economic Behavior and Organizations 52: 267-75.
42. McCabe, K., D.Houser, L. Ryan, V. Smith and T. Trouard. 2001. A functional imaging study of 'Theory of Mind' in two-person reciprocal exchange. Proceedings of the National Academy of Sciences, USA 98: 11832-5.
43. McClure, S., J. Li, D. Tomlin, K. Cypert, L. Montague and R. Montague. 2004a. Neural correlates of behavioral preference for culturally familiar drinks. Neuron 44: 379-87.
44. McClure, S., D. Laibson, G. Lowenstein and J. Cohen. 2004b. Separate neural systems value immediate and delayed monetary rewards. Science 306: 503-7.
45. Montague, R. 2006. Why choose this book? New York: Dutton, Penguin Group. NIDA, NIMH, NIDDK, sponsors. 2002. Special review issue on reward and decision. Neuron 36: 2.
46. North, D. 2005. Understanding the process of economic change. Princeton, NJ: Princeton University Press.
47. O'Doherty, J., P. Dayan, J. Schultz, R. Deichmann, K. Friston and R. J. Dolan. 2004. Dissociable roles of ventral and dorsal striatum in instrumental conditioning. Science 304: 452-4.
48. Preuschoff, K., P. Bossaerts and S. Quartz. 2006. Heural differentiation of expected reward and risk in human subcortical structures. Neuron 51: 381-90.
49. Sanfey, A., J. Rilling, J. Aronson, L. Nystromand J. Cohen. 2003. The neural basis of economic decision making in the Ultimatum Game. Science 300: 1755-1758.
50. Schultz,W. 2000. Multiple reward signals in the brain. Nature Reviews Neuroscience 1: 189-207.
51. Schultz, W., P. Dayan and R. Montague. 1997. A neural substrate of prediction and reward. Science 275: 1593-9.
52. Simon, H. A. 1957. Models of man. New York:Wiley.
53. Singer, T. 2008. Brain signatures of social decision making. In Better Than Conscious? Decision Making, the Human Mind, and Implications For Institutions, ed. C. Engel and W. Singer. Cambridge, MA: MIT Press.
54. Smith, V. 1976. Experimental economics induced value theory. American Economic Review 66: 274-9.
55. Smith, V. 1982. Microeconomic systems as an experimental science. American Economic Review 72: 923-55.
56. Smith, V., G. Suchaneck andA.Williams. 1988. Bubbles crashes and endogenous expectations in experimental spot asset markets. Econometrica 56: 1119-51.
57. Smith, V. 2008. Rationality in economics: Constructivist and ecological forms. New York: Cambridge University Press.
58. Spitzer, M., U. Fischbacher, B. Herrnberger, G. Gron and E. Fehr. 2007. The neural signature of social norm compliance. Neuron 56: 185-96.
59. Sutton, R. and A. Barto. 1998. Reinforcement learning. Cambridge, MA: MIT Press.
60. Thorndyke, E. L. 1911. Animal intelligence: Experimental studies. New York: Macmillan.
61. Weibull, J. 1996. Evolutionary game theory, 2nd Edn. Cambridge, MA: MIT Press.
62. White, N. M. 1989. A functional hypothesis concerning the striatal matrix and patches: mediation of S-R memory and reward. Life Science 45: 1943-57.
63. Xiao, E. and D. Houser. 2005. Emotion expression in human punishment behavior. Proceedings of the National Academy of Sciences, USA 102: 7398-401.