{"id":52,"date":"2003-02-27T15:20:37","date_gmt":"2003-02-27T19:20:37","guid":{"rendered":"http:\/\/www.shaviro.com\/Blog\/?p=52"},"modified":"2003-02-27T15:20:37","modified_gmt":"2003-02-27T19:20:37","slug":"neuroeconomics","status":"publish","type":"post","link":"http:\/\/www.shaviro.com\/Blog\/?p=52","title":{"rendered":"Neuroeconomics"},"content":{"rendered":"<p><a title=\"Looking Inside the Brains of the Stingy\" href=\"http:\/\/www.nytimes.com\/2003\/02\/27\/business\/27SCEN.html\">&#8220;Looking Inside the Brains of the Stingy&#8221;<\/a> is an account of the new field of <i>neuroeconomics<\/i>: the &#8220;science&#8221; of using brain scans (MRI) to see what sort of neural activity is correlated with economic decisions. (Via <a href=\"http:\/\/amsterdam.nettime.org\/Lists-Archives\/nettime-l-0302\/msg00147.html\">McKenzie Wark on nettime<\/a>). Neural stimulation and hormone levels are supposed to &#8216;explain&#8217; why people do not always act in accordance with the dictates of &#8220;rational choice&#8221; economics. &#8220;Neuroscientists do experiments like looking at which parts of the brain are active when someone looks at photographs and decides which faces are trustworthy.&#8221; Researchers pursuing this line of examination have found, for instance, that trying to make a financial deal with somebody who is perceived as a cheapskate &#8220;stimulates the part of the brain associated with disgust.&#8221; When people act generously, on the other hand, levels of oxytocin (the feel-good hormone) in the blood seem to go up. What startling discoveries! This kind of survey is almost the perfect <i>reductio ad absurdum<\/i> of the cognitive\/rationalist worldview, or of what Edward O. Wilson calls <a href=\"http:\/\/www.amazon.com\/exec\/obidos\/ASIN\/067976867X\/dhalgrenstevensh\"><i>consilience<\/i><\/a>: the attempt to give scientific rigor to the &#8216;soft&#8217; disciplines of the humanities and social sciences. I doubt that the most inventive satirist could come up with anything better.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><a title=\"Looking Inside the Brains of the Stingy\" href=\"http:\/\/www.nytimes.com\/2003\/02\/27\/business\/27SCEN.html\">&#8220;Looking Inside the Brains of the Stingy&#8221;<\/a> is an account of the new field of <i>neuroeconomics<\/i>: the &#8220;science&#8221; of using brain scans (MRI) to see what sort of neural activity is correlated with economic decisions. (Via <a href=\"http:\/\/amsterdam.nettime.org\/Lists-Archives\/nettime-l-0302\/msg00147.html\">McKenzie Wark on nettime<\/a>). Neural stimulation and hormone levels are supposed to &#8216;explain&#8217; why people do not always act in accordance with the dictates of &#8220;rational choice&#8221; economics. &#8220;Neuroscientists do experiments like looking at which parts of the brain are active when someone looks at photographs and decides which faces are trustworthy.&#8221; Researchers pursuing this line of examination have found, for instance, that trying to make a financial deal with somebody who is perceived as a cheapskate &#8220;stimulates the part of the brain associated with disgust.&#8221; When people act generously, on the other hand, levels of oxytocin (the feel-good hormone) in the blood seem to go up. What startling discoveries! This kind of survey is almost the perfect <i>reductio ad absurdum<\/i> of the cognitive\/rationalist worldview, or of what Edward O. Wilson calls <a href=\"http:\/\/www.amazon.com\/exec\/obidos\/ASIN\/067976867X\/dhalgrenstevensh\"><i>consilience<\/i><\/a>: the attempt to give scientific rigor to the &#8216;soft&#8217; disciplines of the humanities and social sciences. I doubt that the most inventive satirist could come up with anything better.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-52","post","type-post","status-publish","format-standard","hentry","category-science"],"_links":{"self":[{"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=\/wp\/v2\/posts\/52","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52"}],"version-history":[{"count":0,"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=\/wp\/v2\/posts\/52\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shaviro.com\/Blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}