Natural Rationality | decision-making in the economy of nature


2 new papers in neuroeconomics

First, a paper by Daniel Kahneman and Shane Frederick, on the neural mechanisms of Framing.

These findings can be accounted for, they say, by dual-process theories (the idea that the mind is made of 2 generic systems, one fast and automatic the other slow and sequential). The other paper, forthcoming in Trends in cognitive science,by Bogacz, presents Optimal decision-making models as links between the neural and the behavioral level of explanation.