This course will provide an overview of the field of behavioural and neural economics, which studies the computational processes, involved in value-based decision-making as well as their neural implementation. We particularly focus on how decision variables, such as to the expected utility and its components (eg value, probability, risk and delay) are calculated and represented in the brain. The anchoring of decision-making into cognitive et computational processes allow correcting normative prespictions thanks to behavioural observations. The anchoring of decision-making processes to neural substrates, makes it possible to understand the deviations of rationality in the light of neurobiological constraints and to redefine the classic (descriptive) economic models in the form of neuro-computational (mechanistic) models.

Prerequisites : None
ECTS : 4

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