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Neuroeconomics: The Secret Life of Homo Economicus

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Uploaded by on Nov 30, 2007

Roundtable discussion featuring Alberto Bisin, William Brown, Paul Glimcher, Edward Nersessian, and Elizabeth Phelps.

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Education

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Top Comments

  • thus first half hour and they keep talking about their models and algorithims and how great and perfect they all are. They must feel foolish now

  • google: Charlie Rose - the deciding brain

    for a less boring vid on neuroeconomics

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All Comments (11)

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  • @peteroth7 Thank you. u made my day today. I felt overwhelmed from the first 20 min.

  • Considering grad school in economics

    I find the behavioral / neural side of things very interesting. Rational choice theory et al. are not entirely useless but yes I'd admit they need some revisions

  • Can you spot Bernie Madoff and his wife?

    (hint: the pulpit)

    Truly, neuroeconomics can teach you a lot about how people are gullible...

  • As a student of economy, I find Neuroeconomy very interesting.

  • The guy at about 1:10:00 is obviously a Keynesian. He obsesses on macro-economics when there is no such thing. There are not two sets of laws; one for individuals and one for groups. The is only economics.

    You may track individual decision making on a large scale but the laws remain the same. Keynesians always miss this.

  • Este es un buen video

  • the problem in joining this unorthodox approach neuroeconomics is the risk of flushing your academic career down the toilet, unless u are already one big name in the game. it's really disgusting! say "people are not rational" and soon u'll b ostricized.

    my guess is that biology may invade not only psychology as seems to be the trend but also the social sciences. economists with their reluctancy to see the reality will turn their faces away.

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