for Test 3
Know the following brain areas and their role in cognition and
decision making, particularly as emphasized in class lectures and
readings. These are the main ones. Other brain areas mentioned in
lecture and read
Telling More Than We Can Know:
Verbal Reports on Mental processes
RichardE. Nisbett and Tjg_gthyDeCamp
University of Michigan
Public Good Game
1. 5 subjects are each given $20.
2. Each contributes $xi , 0 xi 20, to a public good.
Thus the total contribution is x = x1 + + x5 . Experimenter
returns 40% of x to each subject.
Cooperative optimal: Each contributes $20 and thus receiv
On Dividing Justly
M. E. Yaari and M. Bar-Hillel
The Hebrew University, Jerusalem, Israel
Social Choice and Welfare, 1984
Q 1: A shipment containing 12 grapefruit and 12 avocados is to be
distributed between Jones and Smith. The following informatio
Vol 435|2 June 2005|doi:10.1038/nature03701
Oxytocin increases trust in humans
Michael Kosfeld1*, Markus Heinrichs2*, Paul J. Zak3, Urs Fischbacher1 & Ernst Fehr1,4
Trust pervades human societies1,2. Trust is indispensable in friendship, love, fam
The Evolution of Ethnocentric Behavior
Robert Axelrod and Ross A. Hammond
April 16, 2003
This is a revised version of a paper prepared for delivery at
Midwest Political Science Convention, April 3-6, 2003, Chicago, IL
Robert Axelrod is the Arthur W. Br
SEX AND JUSTICE
SEX AND JUSTICE*
Some have not hesitated to attributeto men in that state of nature the
concept of just and unjust, without bothering to show that they must
have had such a concept, or even that it would be useful to them.
Psychology & Behavioral Economics
Choose the best answer
1. Suppose Andrew is asked to choose between lotteries A and B, and he chooses
A. Suppose also that hes asked to value both lotteries and he decides B is more
valuable than A. Thi
An Overview of Neuroeconomics
Many transparencies are modeled after those of Dante Monique
What is Neuroeconomics?
1. Studies how the brain interacts with the environment to
produce economic behavior.
2. Integrates economics, psychology, neuroscien
Study Guide Exam 2
The Exam is multiple choice. There will be 25-30 questions.
You will be tested on how well you know and understand the various concepts
explained in class and the readings provided.
Know what Condorcets Method is, what a Condor
The Voting Paradox of Condorcet
The voting paradox of Condorcet: Assume that the preferences
of individual voters are transitive. Then the preferences of the
group of individuals need not be transitive.
Real life example: In 1956, the breakdown of the 435