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dc.contributor.authorCoricelli, Giorgio
dc.contributor.authorNagel, Rosemari
dc.date.accessioned2014-05-06T06:36:38Z
dc.date.available2014-05-06T06:36:38Z
dc.date.issued2010
dc.identifier.citationCoricelli, G.; Nagel, R. The neural basis of bounded rational behavior. Universidad de Granada. Departamento de Teoría e Historia Económica (2010). (The Papers; 10/11). [http://hdl.handle.net/10481/31568]es_ES
dc.identifier.urihttp://hdl.handle.net/10481/31568
dc.description.abstractBounded rational behaviour is commonly observed in experimental games and in real life situations. Neuroeconomics can help to understand the mental processing underlying bounded rationality and out-of-equilibrium behaviour. Here we report results from recent studies on the neural basis of limited steps of reasoning in a competitive setting – the beauty contest game. We use functional magnetic resonance imaging (fMRI) to study the neural correlates of human mental processes in strategic games. We apply a cognitive hierarchy model to classify subject’s choices in the experimental game according to the degree of strategic reasoning so that we can identify the neural substrates of different levels of strategizing. We found a correlation between levels of strategic reasoning and activity in a neural network related to mentalizing, i.e. the ability to think about other’s thoughts and mental states. Moreover, brain data showed how complex cognitive processes subserve the higher level of reasoning about others. We describe how a cognitive hierarchy model fits both behavioural and brain data.es_ES
dc.language.isoenges_ES
dc.publisherUniversidad de Granada. Departamento de Teoría e Historia Económicaes_ES
dc.relation.ispartofseriesThe Papers;10/11
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivs 3.0 Licensees_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es_ES
dc.subjectGame theory es_ES
dc.subjectBounded rationalityes_ES
dc.subjectNeuroeconomicses_ES
dc.titleThe neural basis of bounded rational behaviores_ES
dc.typeinfo:eu-repo/semantics/reportes_ES
dc.rights.accessRightsinfo:eu-repo/semantics/openAccesses_ES


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