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Economic Theory

Download E-books Decisions, Uncertainty, and the Brain: The Science of Neuroeconomics (MIT Press) PDF

By Paul W. Glimcher

In this provocative e-book, Paul Glimcher argues that monetary conception may supply a substitute for the classical Cartesian version of the mind and behaviour. Glimcher argues that Cartesian dualism operates from the fake premise that the reflex is ready to describe habit within the genuine global that animals inhabit. A mathematically wealthy cognitive conception, he claims, may perhaps remedy the main tough difficulties that any atmosphere may current, doing away with the necessity for dualism by means of casting off the necessity for a reflex idea. this kind of mathematically rigorous description of the neural procedures that attach sensation and motion, he explains, could have its roots in microeconomic thought. fiscal thought permits physiologists to outline either the optimum plan of action that an animal may possibly pick out and a mathematical path in which that optimum answer may be derived. Glimcher outlines what an economics-based cognitive version may well seem like and the way one might start to try out it empirically. alongside the way in which, he provides a desirable background of neuroscience. He additionally discusses similar questions about determinism, unfastened will, and the stochastic nature of advanced behavior.

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