{"id":"https://openalex.org/W2596880461","doi":"https://doi.org/10.1002/9781118540770.ch7","title":"The Biological Basis of Economic Choice","display_name":"The Biological Basis of Economic Choice","publication_year":2017,"publication_date":"2017-02-28","ids":{"openalex":"https://openalex.org/W2596880461","doi":"https://doi.org/10.1002/9781118540770.ch7","mag":"2596880461"},"language":"en","primary_location":{"id":"doi:10.1002/9781118540770.ch7","doi":"https://doi.org/10.1002/9781118540770.ch7","is_oa":false,"landing_page_url":"https://doi.org/10.1002/9781118540770.ch7","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Handbook of Neurobehavioral Genetics and Phenotyping","raw_type":"other"},"volume":{"id":"https://openalex.org/W2596890178","display_name":"Handbook of Neurobehavioral Genetics and Phenotyping"},"type":"other","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5051604202","display_name":"David M. Freestone","orcid":"https://orcid.org/0000-0003-4914-0226","observed_orcids":["https://orcid.org/0000-0003-4914-0226"]},"institutions":[{"id":"https://openalex.org/I131221577","display_name":"Bucknell University","ror":"https://ror.org/00fc1qt65","country_code":"US","type":"education","lineage":["https://openalex.org/I131221577"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"David Freestone","raw_affiliation_strings":["Department of Psychology, Bucknell University, Lewisburg, Pennsylvania, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Psychology, Bucknell University, Lewisburg, Pennsylvania, USA","institution_ids":["https://openalex.org/I131221577"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5012545447","display_name":"Fuat Balc\u0131","orcid":"https://orcid.org/0000-0003-3390-9352","observed_orcids":["https://orcid.org/0000-0003-3390-9352"]},"institutions":[{"id":"https://openalex.org/I1351752","display_name":"Ko\u00e7 University","ror":"https://ror.org/00jzwgz36","country_code":"TR","type":"education","lineage":["https://openalex.org/I1351752"]}],"countries":["TR"],"is_corresponding":false,"raw_author_name":"Fuat Balci","raw_affiliation_strings":["College of Social Science and Humanities, Koc\u0327 University, Istanbul, Turkey","College of Social Science and Humanities, Ko\u00e7 University, Istanbul, Turkey"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"College of Social Science and Humanities, Koc\u0327 University, Istanbul, Turkey","institution_ids":["https://openalex.org/I1351752"]},{"raw_affiliation_string":"College of Social Science and Humanities, Ko\u00e7 University, Istanbul, Turkey","institution_ids":["https://openalex.org/I1351752"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"143","last_page":"178"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.6395999789237976,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.6395999789237976,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10042","display_name":"Neural and Behavioral Psychology Studies","score":0.3555000126361847,"subfield":{"id":"https://openalex.org/subfields/2805","display_name":"Cognitive Neuroscience"},"field":{"id":"https://openalex.org/fields/28","display_name":"Neuroscience"},"domain":{"id":"https://openalex.org/domains/1","display_name":"Life Sciences"}},{"id":"https://openalex.org/T10056","display_name":"Neurotransmitter Receptor Influence on Behavior","score":0.0015999999595806003,"subfield":{"id":"https://openalex.org/subfields/2804","display_name":"Cellular and Molecular Neuroscience"},"field":{"id":"https://openalex.org/fields/28","display_name":"Neuroscience"},"domain":{"id":"https://openalex.org/domains/1","display_name":"Life Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/economic-decision-making","display_name":"economic decision-making","score":0.8650000095367432},{"id":"https://openalex.org/keywords/reinforcement-learning","display_name":"reinforcement learning","score":0.8960000276565552},{"id":"https://openalex.org/keywords/reward-valuation","display_name":"reward valuation","score":0.5849999785423279},{"id":"https://openalex.org/keywords/statistical-decision-theory","display_name":"statistical decision theory","score":0.9480000138282776},{"id":"https://openalex.org/keywords/drift-diffusion-model","display_name":"drift-diffusion model","score":0.9210000038146973},{"id":"https://openalex.org/keywords/temporal-decision-making","display_name":"temporal decision-making","score":0.8029999732971191},{"id":"https://openalex.org/keywords/decision-making-under-uncertainty","display_name":"decision making under uncertainty","score":0.8090000152587891},{"id":"https://openalex.org/keywords/rodent-behavior","display_name":"rodent behavior","score":0.609000027179718},{"id":"https://openalex.org/keywords/neural-basis-of-choice","display_name":"neural basis of choice","score":0.7120000123977661}],"concepts":[{"id":"https://openalex.org/C163950791","wikidata":"https://www.wikidata.org/wiki/Q1301091","display_name":"Numerosity adaptation effect","level":3,"score":0.6818118095397949},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6200198531150818},{"id":"https://openalex.org/C44725695","wikidata":"https://www.wikidata.org/wiki/Q288156","display_name":"Normative","level":2,"score":0.6179693341255188},{"id":"https://openalex.org/C97541855","wikidata":"https://www.wikidata.org/wiki/Q830687","display_name":"Reinforcement learning","level":2,"score":0.5702880620956421},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.4859062731266022},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.46596577763557434},{"id":"https://openalex.org/C188660851","wikidata":"https://www.wikidata.org/wiki/Q1045712","display_name":"Neuroeconomics","level":2,"score":0.44118133187294006},{"id":"https://openalex.org/C2984634286","wikidata":"https://www.wikidata.org/wiki/Q1331926","display_name":"Decision process","level":2,"score":0.4196024537086487},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.41930729150772095},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.3858638405799866},{"id":"https://openalex.org/C539667460","wikidata":"https://www.wikidata.org/wiki/Q2414942","display_name":"Management science","level":1,"score":0.353534996509552},{"id":"https://openalex.org/C169900460","wikidata":"https://www.wikidata.org/wiki/Q2200417","display_name":"Cognition","level":2,"score":0.2587569057941437},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.2411925196647644},{"id":"https://openalex.org/C180747234","wikidata":"https://www.wikidata.org/wiki/Q23373","display_name":"Cognitive psychology","level":1,"score":0.20716100931167603},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.12425252795219421},{"id":"https://openalex.org/C169760540","wikidata":"https://www.wikidata.org/wiki/Q207011","display_name":"Neuroscience","level":1,"score":0.09555140137672424},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1002/9781118540770.ch7","doi":"https://doi.org/10.1002/9781118540770.ch7","is_oa":false,"landing_page_url":"https://doi.org/10.1002/9781118540770.ch7","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Handbook of Neurobehavioral Genetics and Phenotyping","raw_type":"other"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":201,"referenced_works":["https://openalex.org/W32403112","https://openalex.org/W46201420","https://openalex.org/W53458450","https://openalex.org/W159393891","https://openalex.org/W1105569976","https://openalex.org/W1506556206","https://openalex.org/W1515852644","https://openalex.org/W1557517019","https://openalex.org/W1593056665","https://openalex.org/W1607052939","https://openalex.org/W1636089071","https://openalex.org/W1642699591","https://openalex.org/W1762920573","https://openalex.org/W1771504791","https://openalex.org/W1831076810","https://openalex.org/W1894358115","https://openalex.org/W1962614245","https://openalex.org/W1963649681","https://openalex.org/W1968832734","https://openalex.org/W1971976749","https://openalex.org/W1973550127","https://openalex.org/W1975743020","https://openalex.org/W1977114987","https://openalex.org/W1977434433","https://openalex.org/W1978107420","https://openalex.org/W1978699011","https://openalex.org/W1980439953","https://openalex.org/W1980871601","https://openalex.org/W1981891948","https://openalex.org/W1983704418","https://openalex.org/W1983708572","https://openalex.org/W1985771124","https://openalex.org/W1990588924","https://openalex.org/W1994486739","https://openalex.org/W1995272082","https://openalex.org/W1995466791","https://openalex.org/W1995712000","https://openalex.org/W1996395471","https://openalex.org/W1997173667","https://openalex.org/W1997475976","https://openalex.org/W2000214310","https://openalex.org/W2000444105","https://openalex.org/W2001488773","https://openalex.org/W2001830985","https://openalex.org/W2002409658","https://openalex.org/W2003565109","https://openalex.org/W2004755273","https://openalex.org/W2005453809","https://openalex.org/W2009029560","https://openalex.org/W2011451766","https://openalex.org/W2011862666","https://openalex.org/W2012037220","https://openalex.org/W2012730231","https://openalex.org/W2013061196","https://openalex.org/W2013444427","https://openalex.org/W2014309083","https://openalex.org/W2015353573","https://openalex.org/W2018415829","https://openalex.org/W2018822113","https://openalex.org/W2020412573","https://openalex.org/W2020925019","https://openalex.org/W2021367408","https://openalex.org/W2021680785","https://openalex.org/W2022561563","https://openalex.org/W2024863658","https://openalex.org/W2025440394","https://openalex.org/W2027900643","https://openalex.org/W2030634467","https://openalex.org/W2031376510","https://openalex.org/W2032130729","https://openalex.org/W2033395802","https://openalex.org/W2034375586","https://openalex.org/W2037517752","https://openalex.org/W2038156236","https://openalex.org/W2040418090","https://openalex.org/W2042553622","https://openalex.org/W2043729058","https://openalex.org/W2044547353","https://openalex.org/W2044608318","https://openalex.org/W2044985107","https://openalex.org/W2045122130","https://openalex.org/W2046495522","https://openalex.org/W2046619895","https://openalex.org/W2048568541","https://openalex.org/W2049560663","https://openalex.org/W2052132149","https://openalex.org/W2056199356","https://openalex.org/W2056656433","https://openalex.org/W2060677735","https://openalex.org/W2060694206","https://openalex.org/W2061230487","https://openalex.org/W2063113281","https://openalex.org/W2064037357","https://openalex.org/W2067894784","https://openalex.org/W2068376124","https://openalex.org/W2068705192","https://openalex.org/W2068995040","https://openalex.org/W2071591695","https://openalex.org/W2080519746","https://openalex.org/W2080790162","https://openalex.org/W2080913048","https://openalex.org/W2081364575","https://openalex.org/W2082636613","https://openalex.org/W2082773888","https://openalex.org/W2083972263","https://openalex.org/W2085553767","https://openalex.org/W2085633407","https://openalex.org/W2088247534","https://openalex.org/W2092704122","https://openalex.org/W2092935454","https://openalex.org/W2093579479","https://openalex.org/W2094619218","https://openalex.org/W2094919375","https://openalex.org/W2097495332","https://openalex.org/W2097767940","https://openalex.org/W2098205603","https://openalex.org/W2099776204","https://openalex.org/W2100476792","https://openalex.org/W2100872439","https://openalex.org/W2101254766","https://openalex.org/W2102132106","https://openalex.org/W2102803424","https://openalex.org/W2102810982","https://openalex.org/W2103223548","https://openalex.org/W2103492232","https://openalex.org/W2105041994","https://openalex.org/W2105927909","https://openalex.org/W2106600012","https://openalex.org/W2107397892","https://openalex.org/W2109015699","https://openalex.org/W2111534506","https://openalex.org/W2112337921","https://openalex.org/W2114703840","https://openalex.org/W2116704462","https://openalex.org/W2117726420","https://openalex.org/W2119092010","https://openalex.org/W2119170562","https://openalex.org/W2119259385","https://openalex.org/W2122066429","https://openalex.org/W2122234510","https://openalex.org/W2124335201","https://openalex.org/W2126898440","https://openalex.org/W2128185932","https://openalex.org/W2129207020","https://openalex.org/W2129586271","https://openalex.org/W2129717318","https://openalex.org/W2130550691","https://openalex.org/W2132729317","https://openalex.org/W2134243390","https://openalex.org/W2135886642","https://openalex.org/W2136582516","https://openalex.org/W2139420917","https://openalex.org/W2140362232","https://openalex.org/W2141099409","https://openalex.org/W2142477850","https://openalex.org/W2143839686","https://openalex.org/W2144095870","https://openalex.org/W2145107370","https://openalex.org/W2145149820","https://openalex.org/W2146196757","https://openalex.org/W2148537626","https://openalex.org/W2148819999","https://openalex.org/W2149565728","https://openalex.org/W2150025966","https://openalex.org/W2150648562","https://openalex.org/W2151103178","https://openalex.org/W2151137320","https://openalex.org/W2152010115","https://openalex.org/W2152493319","https://openalex.org/W2153702932","https://openalex.org/W2156952192","https://openalex.org/W2158420012","https://openalex.org/W2160017783","https://openalex.org/W2163456594","https://openalex.org/W2164146725","https://openalex.org/W2168658017","https://openalex.org/W2169134378","https://openalex.org/W2169561465","https://openalex.org/W2169753555","https://openalex.org/W2177068484","https://openalex.org/W2226550946","https://openalex.org/W2268261110","https://openalex.org/W2274685343","https://openalex.org/W2292763967","https://openalex.org/W2309868441","https://openalex.org/W2319356411","https://openalex.org/W2329632867","https://openalex.org/W2402721223","https://openalex.org/W2797520356","https://openalex.org/W2921629193","https://openalex.org/W3011865677","https://openalex.org/W3123340585","https://openalex.org/W3124291092","https://openalex.org/W3142892855","https://openalex.org/W3149412023","https://openalex.org/W4214717370","https://openalex.org/W4246506621","https://openalex.org/W4251768519","https://openalex.org/W4254735874","https://openalex.org/W4296159956","https://openalex.org/W4300059946"],"related_works":["https://openalex.org/W2499488720","https://openalex.org/W2896567649","https://openalex.org/W4411378224","https://openalex.org/W4393342378","https://openalex.org/W2792055550","https://openalex.org/W4391842069","https://openalex.org/W92058285","https://openalex.org/W28366322","https://openalex.org/W2542549597","https://openalex.org/W15832198"],"abstract_inverted_index":{"This":[0],"chapter":[1,37,101],"explores":[2],"behavioral,":[3],"neural,":[4],"and":[5,61,74,84,104,134],"theoretical":[6],"discussions":[7],"about":[8],"economic":[9],"decision-making.":[10],"It":[11,23,77],"focuses":[12,39],"on":[13,40],"the":[14,19,25,72,79,94,97,139],"reinforcement":[15],"learning":[16],"theory":[17,44],"in":[18],"brain's":[20],"valuation":[21],"circuit.":[22],"discusses":[24],"simple":[26],"normative":[27,47],"strategies":[28,126],"that":[29,49],"rodents":[30,52],"can":[31,89],"use":[32],"to":[33,45,65,92],"maximize":[34],"reward.":[35],"The":[36,100],"also":[38],"using":[41,68],"statistical":[42],"decision":[43],"identify":[46],"benchmarks":[48,67],"answer":[50],"how":[51,87],"should":[53,135],"choose":[54],"between":[55],"options":[56],"given":[57],"an":[58],"uncertain":[59],"environment,":[60],"compares":[62],"rodent":[63],"behavior":[64],"these":[66,143],"several":[69],"examples":[70],"from":[71],"timing":[73],"numerosity":[75],"domain.":[76],"introduces":[78],"influential":[80],"drift":[81],"diffusion":[82],"model":[83],"shows":[85],"briefly":[86],"it":[88],"be":[90,136],"used":[91],"study":[93],"dynamics":[95],"of":[96,112,120,142],"choice":[98],"process.":[99],"presents":[102],"temporal":[103,125],"possibly":[105],"numerical":[106],"decision-making":[107,113],"as":[108],"a":[109],"special":[110],"case":[111],"under":[114],"uncertainty.":[115],"These":[116],"are":[117,127],"interesting":[118],"cases":[119],"decision-making,":[121],"particularly":[122],"because":[123],"reward-maximizing":[124],"heavily":[128],"constrained":[129],"by":[130,138],"representational":[131],"uncertainty":[132],"characteristics":[133],"shaped":[137],"psychophysical":[140],"properties":[141],"domains.":[144]},"counts_by_year":[],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2017-03-23T00:00:00"}