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Addendum: Evolutionary thinking in current neuroeconomics

25.04.2019
Before I deal with the question of how to connect internal and external evolutionary mechanisms, I want to show that evolutionary thinking is already emerging in current neuroeconomics. This relates to the strand of research that builds on neural networks to explain choice. The standard approach in neuroeconomics starts out from the idea of a... READ MORE
Author
Prof. Dr. Carsten Herrmann-Pillath
Categories
Witten | General | 2019

Evolutionary mechanisms

15.04.2019
To my best knowledge, neuroeconomists never refer to Friedrich Hayek as founder of their discipline. But he should be included at least in the list of the most important intellectual progenitors. His 1952 book ‘The Sensory Order’ is a highly abstract philosophy of the brain, came surprisingly close to Hebb’s emerging paradigm of connectionism, and... READ MORE
Author
Prof. Dr. Carsten Herrmann-Pillath
Categories
Witten | General | 2019

The Case for an Aristotelian Oath in Finance

01.04.2019
In the recently published ‘Festschrift’ for Karl-Heinz Brodbeck I have a paper (in German) that argues in favour of an ‘Aristotelian Oath’ in finance. This goes back to the insights gained by our INSOSCI project. The core idea is that agency in the financial sector manifests a collectively shared identity. Hence, resolving certain problems of... READ MORE
Author
Prof. Dr. Carsten Herrmann-Pillath
Categories
Witten | General | 2019
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