What is it about?
The purpose of this paper is to propose an integrative framework bringing together results from neuroplasticity and decision-making from a neuroscience perspective with those from market plasticity, i.e. with which practices market actors shape markets.
Featured Image
Why is it important?
The contribution is the first of its kind which integrates neuroscience approaches of plasticity and decision-making with the concept of market plasticity from the literature on economics and management, showing their similarities and opening a new front of discussion on how these two approaches can learn from each other to increase the explanatory power of financial decision-making processes and to gain new insights for financial decision-makers on how to make more efficient financial decisions in the times of uncertainty.
Perspectives
Provided that developments in neuroscience indicate that training the brain for orientation toward efficient decision-making processes under uncertainty is possible, an in-depth analysis can be conducted by using the integrative framework, which was set up by the authors for advancing research efforts in neuroeconomics and neurofinance on these lines.
Dr Gagan Deep Sharma
Guru Gobind Singh Indraprastha University
Read the Original
This page is a summary of: A fresh look on financial decision-making from the plasticity perspective, International Journal of Ethics and Systems, August 2018, Emerald,
DOI: 10.1108/ijoes-02-2018-0022.
You can read the full text:
Contributors
The following have contributed to this page
