Neuroeconomics: Decisions, decisions

Decisions, Uncertainty, and the Brain: the Science of Neuroeconomics

Uncertainty. The mere sound of the word elicits a shaky feeling, and in Voltaire’s case, an unpleasant one. Uncertainty makes investments risky and decisions difficult, and, for better or worse, it spices most experiences. Engineers try to control it, financiers try to reduce it, and it haunts most of our everyday decisions. According to Paul Glimcher, we should embrace uncertainty, model it an...

The Neuroeconomics of Financial Decisions and the Stochastic Discount Factor

This essay argues that neuroeconomic research on financial decisions should attempt to focus on standard models that relate to the behavior being studied. It particular, it argues that a key organizing concept for such research should be the stochastic discount factor. Focusing on such models will help to focus the research as well as suggest profitable extensions of the research. The improved ...

Decisions, decisions

Journals are exploring new approaches to peer review in order to reduce bias, increase transparency and respond to author preferences. Funders are also getting involved.

Decisions, decisions

Funding decisions

Funding decision is one of the financial strategic decisions of a corporation. There are also two other finan-cial strategic decisions that a corporation faces, the investment and the dividend decision. This paper de-scribes briefly the investment and the dividend decision, although its main focus is on funding decision. In de-scribing the funding decision the researchers will first explain the...