Without Quest for Knowledge, Life Would Be a Mistake
Sunday, October 25, 2009
Is neuroeconomics doomed?
Neuroeconomics proposes radical changes in the methods of economics. In this essay by Faruk Gul and Wolfgang Pesendorfer, the authors discussed the proposed changes in methodology, together with the the neuroeconomic critique of standard economics. "We do not assess the contributions or promise of neuroeconomic research. Rather, we offer a response to the neuroeconomic critique of standard economics."