David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Economics and Philosophy 24 (3):303-344 (2008)
Understanding more about how the brain functions should help us understand economic behaviour. But some would have us believe that it has done this already, and that insights from neuroscience have already provided insights in economics that we would not otherwise have. Much of this is just academic marketing hype, and to get down to substantive issues we need to identify that fluff for what it is. After we clear away the distractions, what is left? The answer is that a lot is left, but it is still all potential. That is not a bad thing, or a reason to stop the effort, but it does point to the need for a serious reconsideration of what neuroeconomics is and what passes for explanation in this literature. I argue that neuroeconomics can be a valuable field, but not the way it is being developed and now. The same is true more generally of behavioural economics, which shares many of the methodological flaws of neuroeconomics
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Herbert A. Simon (1969). The Sciences of the Artificial. [Cambridge, M.I.T. Press.
Michael Bacharach (2006). Beyond Individual Choice: Teams and Frames in Game Theory. Princeton University Press.
P. C. Wason & P. N. Johnson (1974). Psychology of Reasoning: Structure and Content. Philosophy and Rhetoric 7 (3):193-197.
Vernon L. Smith (2008). Rationality in Economics: Constructivist and Ecological Forms. Cambridge University Press.
Citations of this work BETA
Don Ross (2008). Two Styles of Neuroeconomics. Economics and Philosophy 24 (3):473-483.
Carl F. Craver & Anna Alexandrova (2008). No Revolution Necessary: Neural Mechanisms for Economics. Economics and Philosophy 24 (3):381-406.
Colin F. Camerer (2008). The Potential of Neuroeconomics. Economics and Philosophy 24 (3):369-379.
Carsten Herrmann-Pillath (2010). A Neurolinguistic Approach to Performativity in Economics. Journal of Economic Methodology 17 (3):241-260.
Roberto Fumagalli (forthcoming). Five Theses on Neuroeconomics. Journal of Economic Methodology:1-20.
Similar books and articles
Eric Katz (1999). A Pragmatic Reconsideration of Anthropocentrism. Environmental Ethics 21 (4):377-390.
Ariel Rubinstein (2008). Comments on Neuroeconomics. Economics and Philosophy 24 (3):485-494.
Glenn W. Harrison (2008). Neuroeconomics: A Rejoinder. Economics and Philosophy 24 (3):533-544.
Michiru Nagatsu (2010). Function and Mechanism: The Metaphysics of Neuroeconomics. Journal of Economic Methodology 17 (2):197-205.
Glenn Harrison & Don Ross (2010). The Methodologies of Neuroeconomics. Journal of Economic Methodology 17 (2):185-196.
Anthony Landreth & John Bickle (2008). Neuroeconomics, Neurophysiology and the Common Currency Hypothesis. Economics and Philosophy 24 (3):419-429.
Jaakko Kuorikoski & Petri Ylikoski (2010). Explanatory Relevance Across Disciplinary Boundaries: The Case of Neuroeconomics. Journal of Economic Methodology 17 (2):219–228.
Sacha Bourgeois-Gironde (2010). Is Neuroeconomics Doomed by the Reverse Inference Fallacy? Mind and Society 9 (2):229-249.
Moana Vercoe & Paul J. Zak (2010). Inductive Modeling Using Causal Studies in Neuroeconomics: Brains on Drugs. Journal of Economic Methodology 17 (2):133-146.
N. Emrah Aydinonat (2010). Neuroeconomics: More Than Inspiration, Less Than Revolution. Journal of Economic Methodology 17 (2):159-169.
Added to index2009-01-28
Total downloads34 ( #95,542 of 1,726,249 )
Recent downloads (6 months)3 ( #231,316 of 1,726,249 )
How can I increase my downloads?