Camillo Padoa-Schioppa, PhD, professor of neuroscience at Washington University School of Medicine, as well as professor of biomedical engineering and of economics, received a five-year $2.3 million grant from the National Institute of Mental Health of the National Institutes of Health (NIH) for research titled “Neuronal mechanisms of good-based economic decisions.” Originally published on The […]
Tag: Camillo Padoa-Schioppa
New insight into how brain neurons influence choices
When you are faced with a choice — say, whether to have ice cream or chocolate cake for dessert — sets of brain cells just above your eyes fire as you weigh your options. Animal studies have shown that each option activates a distinct set of neurons in the brain. The more enticing the offer, […]
Penny-wise, pound-foolish decisions explained by neurons’ firing
Spending decisions influenced by adaptation in neural circuits From the WashU Newsroom… The British have a pithy way of describing people who dither over spending 20 cents more for premium ice cream but happily drop an extra $5,000 for a fancier house: penny wise and pound foolish. Now, a new study suggests that being penny wise […]
