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The George & Anne Ryan Institute for Neuroscience
and
The Interdisciplinary Neuroscience Program

Neuroeconomics / Neuroscience

Neuroeconomics is an interdisciplinary field that seeks to explain human decision making the ability to process multiple alternatives and to choose an optimal course of action. It studies how economic behavior can shape our understanding of the brain, and how neuroscientific discoveries can constrain and guide models of economics. It combines research methods from neuroscience, experimental and behavioral economics and cognitive and social psychology. As research into decision-making behavior becomes increasingly computational, it has also incorporated new approaches from theoretical biology, computer science, and mathematics. Neuroeconomics studies decision making, by using a combination of tools from these fields so as to avoid the shortcomings that arise from a single perspective approach.  Wikipedia

"Behavioral economics" and the related field of “behavioral finance” replaces strong rationality assumptions used in economic modeling with assumptions that are consistent with evidence from psychology on the bounds of rationality of economic agents.  Behavioral economics maintains an emphasis on mathematical structure and explanation of naturally-occurring data.

Events

2017 - Mar

URI Brain Fair

2016 - Mar

Brown Alpert Medical School - Mind Brain Research Day

2016 - Sep

URI Big Ideas Forum: Neuroeconomics and Big Data

2013 - Nov

$15 Million Gift for URI Neuroscience

2013 - Feb

URI Neurosciences Colloquium (25-Feb)

Slide Show

2013 - Jan

URI Data Informatics and Data Exploration Symposium (16-Jan)

Resources

What Will Neuroscience Teach Us About Financial Decision Making?

A Note on Trader Sharpe Ratios

Second-to-Fourth Digit Ratio Predicts Success Among HF Traders

What type of Investor are You?

Resources - Video

Prospect Theory

The Science of Persuasion

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