Social Neuroeconomics: Mechanistic Integration of the Neurosciences and the Social Sciences, 1st Edition (Hardback) book cover

Social Neuroeconomics

Mechanistic Integration of the Neurosciences and the Social Sciences, 1st Edition

Routledge

312 pages | 17 B/W Illus.

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Hardback: 9780367276164
pub: 2020-09-30
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Description

Neuroeconomics has emerged as a paradigmatic field where neuroscience and the social sciences are integrated in one analytical and empirical approach. However, the different disciplines involved often only relate to each other via the shared object of research, and less through the constructing of precise models of integrative mechanisms.

Social Neuroeconomics explores the potential of philosophical and methodological reflections in the neurosciences and the social sciences to inform those efforts at cross-disciplinary integration, with a special focus on recent contributions to mechanistic explanations. The collected essays are drawn from the fields of neuroscience, psychology, economics, sociology and philosophy, and examine the ways and methods of constructing unified conceptual frameworks that can guide empirical work and hypothesis building. This is demonstrated in a range of applications, particularly regarding finance and consumer behavior. The concept of the ‘social brain’ is also explored; a multi-level framework in which complex analytical categories such as emotions or socially mediated cognitive processes connect neuronal and social phenomena in specific mechanisms that generate behavior.

This book addresses a wide audience across the various disciplines, reaching from the neurosciences to the social sciences and philosophy.

Reviews

"The book presents an outstanding collection of articles on the philosophical foundations of neuroeconomics and social neuroscience. It is a must-read for philosophers interested in economics and neuroeconomics. However, it is also highly recommended to decision neuroscientists wanting to ground their empirical research in philosophical concepts." - Camillo Padoa-Schioppa, Washington University in St. Louis, USA.

Table of Contents

Chapter 1: Introduction

Jens Harbecke and Carsten Herrmann-Pillath

Part 1 - Mechanistic frames for cross-disciplinary integration in social neuroeconomics

Chapter 2: Neuroeconomics as a case of mechanistic integration

Caterina Marchionni and Jack Vromen

Chapter 3: Integrating with Mechanisms: Neuroscience and Social Science

Saúl Pérez-González

Chapter 4: Mechanistic Integration of Social Sciences and Neurosciences: Context and Causality in Social Neuroeconomics

Carsten Herrmann-Pillath

Part 2: Mechanistic methodology and methods in social neuroeconomics

Chapter 5: Neuroeconomics of Cooperation Heuristics: The Role of Incentives, Social Cues, and Hormones

Carolyn Declerck

Chapter 6: Constitutive Inference and Research Methods in Social Neuroeconomics

Jens Harbecke

Part 3: The social neuroeconomics of individual behaviour in context

Chapter 7: Akrasia and addiction. Neurophilosophy and psychological mechanisms

Reinout W. Wiers, Simon van Gaal and Mike E. Le Pelley

Chapter 8: Social ecology of normative reasoning

Renne Pesonen

Chapter 9: Economics, Social Neuroscience, and Mindshaping

Don Ross and Wynn Stirling

Part 4: Social neuroeconomics, institutions and interventions

Chapter 10: The Application of Descriptive Theories of Human Cognition and Decision Making in Policy Making and Regulation

Mareike Kuehne

Chapter 11: Neuroscience of autonomy and paternalistic policies

Jaakko Kuorikoski, Samuli Reijula and Susanne Uusitalo

Chapter 12: Social updating: An intuitionist approach to explaining decision-making under risk and uncertainty

Lea Diederichsen

Chapter 13: Scopic systems and decision-making in financial markets

Alex Preda and Roland Gemayel

About the Originator

Jens Harbecke is Professor for Theoretical Philosophy and Philosophy of the Social Sciences at Witten/Herdecke University, Germany.

Carsten Herrmann-Pillath is Professor and Permanent Fellow at the Max Weber Centre for Advanced Cultural and Social Studies, University of Erfurt, Germany.

About the Series

Routledge Advances in Behavioural Economics and Finance

Traditionally, economists have based their analysis of financial markets and corporate finance on the assumption that agents are fully rational, emotionless, self-interested maximizers of expected utility. However, behavioural economists are increasingly recognizing that financial decision makers may be subject to psychological biases, and the effects of emotions. Examples of this include the effects on investors’ and managers’ decision-making of such biases as excessive optimism, overconfidence, confirmation bias, and illusion of control. At a practical level, the current state of the financial markets suggests that trust between investors and managers is of paramount importance.

Routledge Advances in Behavioural Economics and Finance presents innovative and cutting edge research in this fast paced and rapidly growing area, and will be of great interest to academics, practitioners, and policy-makers alike.

All proposals for new books in the series can be sent to the series editor, Roger Frantz, at [email protected]

 

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS069000
BUSINESS & ECONOMICS / Economics / General
BUS069030
BUSINESS & ECONOMICS / Economics / Theory