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behavioural economics

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Human cognitive biases and the role of dopamine

Makiko Yamada
National Institutes for Quantum and Radiological Science and Technology
Nov 28, 2020

Cognitive bias is a "subjective reality" that is uniquely created in the brain and affects our various behaviors. It may lead to what is widely called irrationality in behavioral economics, such as inaccurate judgment and illogical interpretation, but it also has an adaptive aspect in terms of mental hygiene. When such cognitive bias is regarded as a product of information processing in the brain, the approach to clarify the mechanism in the brain will play a part in finding the direct relations between the brain and the mind. In my talk, I will introduce our studies investigating the neural and molecular bases of cognitive biases, especially focusing on the role of dopamine.

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