In economic experiments decisions often differ from game-theoretic predictions. Why are people generous in one-shot ultimatum games with strangers? Is there a benefit to generosity toward strangers? Research on the neural substrates of decisions suggests that some choices are hormone-dependent. By artificially stimulating subjects with neuroactive hormones, we can identify which hormones and br...

Values, rewards, and costs play a central role in economic, statistical, and psychological notions of decision making. They also have surprisingly direct neural realizations. This chapter discusses the ways in which different value systems interact with different decision-making systems to fashion and shape affectively appropriate behavior in complex environments. Forms of deliberative and auto...

Social decision-making is often complex, requiring the decision-maker to make inferences of others' mental states in addition to engaging traditional decision-making processes like valuation and reward processing. A growing body of research in neuroeconomics has examined decision-making involving social and non-social stimuli to explore activity in brain regions such as the striatum and prefron...

Techno-economic modelling is an important tool in evidence-building, futures assessment and decision-making policy for socio-technical systems. However, critical of the fit sophisticated models into a context often hidden or overlooked. Using case national infrastructure systems model, this paper connects conceptions governance to techno-economic assessing future performance. Analysis input UK ...

Although the role of emotion in social economic decision making has been increasingly recognized, the impact of mood disorders, such as depression, on such decisions has been surprisingly neglected. To address this gap, 15 depressed and 23 nondepressed individuals completed a well-known economic task, in which they had to accept or reject monetary offers from other players. Although depressed i...

BACKGROUND Animals' attitudes to risk are profoundly influenced by metabolic state (hunger and baseline energy stores). Specifically, animals often express a preference for risky (more variable) food sources when below a metabolic reference point (hungry), and safe (less variable) food sources when sated. Circulating hormones report the status of energy reserves and acute nutrient intake to wid...