Biological Insights into Economic DecisionMaking

Authors

  • Ayesha Habib Dow University of Health Sciences, Karachi, Pakistan
  • Asif Ali Khan University of Sargodha, Sargodha, Pakistan

Keywords:

Economic decisionmaking, Biology, Neural mechanisms, Hormonal influences, Evolutionary adaptations, Behavioral economics, Finance, Policymaking

Abstract

This article delves into the fascinating intersection of biology and economics, exploring the role of our biological systems in shaping economic decisionmaking processes. It examines how evolutionary adaptations, neural mechanisms, and hormonal influences contribute to our choices in economic scenarios. By bridging the gap between biology and economics, we gain a deeper understanding of the factors that underlie human decisionmaking in financial contexts, which can have profound implications for fields such as behavioral economics, finance, and policymaking.

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Published

2023-03-31

Issue

Section

Articles