Using fMRI in Game and Preference Theory
Date Issued
2009
Date
2009
Author(s)
Chen, Yu-Ping
Abstract
By functional magnetic resonance imaging (fMRI), scientists can find the correlation between brain activities and the correspondent deliberation process. This technology is also very useful in economic research. It could help economists not only to identify the brain activities corresponding to human’s behavior but also to propose new ideas based on the brain activities. In the first part of this study, we use fMRI to distinguish the difference in the brain when people face dominance-solvable games and coordination games. In the second part, we turn our attention to the violation of Independence of Irrelevant Alternatives (IIA). By using fMRI, we may find the relation between preference reversal and the correspondent brain regions. Further more, we may propose new preference theory with the evidence in the brain.
Subjects
fMRI
coordination games
dominance-solvable games
IIA
decoy effect
Type
thesis
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