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Understanding Overbidding: Using the Neural Circuitry of Reward to Design Economic Auctions

We take advantage of our knowledge of the neural circuitry of reward to investigate a puzzling economic phenomenon: Why do people overbid in auctions? Using functional magnetic resonance imaging (fMRI), we observed that the social competition inherent in an auction results in a more pronounced blood...

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Detalhes bibliográficos
Main Authors: Delgado, Mauricio R., Schotter, Andrew, Ozbay, Erkut Y., Phelps, Elizabeth A.
Formato: Artigo
Idioma:Inglês
Publicado em: 2008
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC3061565/
https://ncbi.nlm.nih.gov/pubmed/18818362
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1126/science.1158860
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