NEUROECONOMICS

Neuroeconomics has the purpose to ground economic models in the biological substrate of the brain for decision-making. We used the measure of the entropy of the correlation of EEG activity to study decision making in moral judgment, and economic modeling to formalize experimental results. The model involves both an emotional component and a cognitive factor in the estimation of the expected utility of conflicting dilemma propositions. This conflict is the major component determining the decision-making probability. The agreement between the experimental and the theoretical response time distribution seems to validate the proposed model.

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Neuroeconomics modeling of moral dilemma judgment - PDF
(Presented at IAREP2006 - Paris)