In this respect, Mr Kahneman’s Princeton colleagues and neuroscience-bashers may be making a mistake in bundling behavioural economics—soft mind science—and neuroeconomics—hard biology—together. “It is far easier to argue for mindless economics than for brainless economics,” he says.
Kahneman's retort to Gul and Pesendorfer from an economist article entitled "Do economists need brains?" Nothing new here. Interesting to hear McCabe and Camerer acknowledging the limitations of fMRI. Is the field too dependent on too few tools?
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