Using Neural Measures of Economic Value to Solve the Public Goods Free-Rider Problem (2009)
Krajbich, Ian, Camerer, Colin, Ledyard, John, Rangel, Antonio
Every social group needs to decide when to provide public goods and how to allocate the costs among its members. Ideally, this decision would maximize the group’s net benefits while also ensuring...
Neural Response to Reward Anticipation under Risk Is Nonlinear in Probabilities (2009)
Hsu, Ming, Krajbich, Ian, Zhao, Cheng, Camerer, Colin F.
A widely observed phenomenon in decision making under risk is the apparent overweighting of unlikely events and the underweighting of nearly certain events. This violates standard assumptions in...
Krajbich, Ian, Adolphs, Ralph, Tranel, Daniel, Denburg, Natalie L.q, Camerer, Colin F.
Damage to the ventromedial prefrontal cortex (VMPFC) impairs concern for other people, as reflected in the dysfunctional real-life social behavior of patients with such damage, as well as their...