Tuesday, April 22, 2008

Neuroeconomics: A Critical Reconsideration

Glenn Harrison points to the methodological flaws in neuroeconomics research, the dangerous "sprial" of a self-citing literature, the extent to which known confounds are glossed over and plausible stories are promoted without adequate control for numerous alternative explanations. He seems to suggest that neuroeconomics has fallen prey to the myopic side of it's own dual-self 'planner/doer' model of decision-making plucking the low-hanging fruit for publication and ending up exposed to a chilly and sobering breeze of critcism and methodological reconsideration!

A tad harsh perhaps, however, Harrison does insist on the value of the field, but less so in its current formulation..


Forthcoming, Economics and Philosophy, 24, 2008

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