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From Neural Data to Societal Impact: Applications of Neuroeconomics

2025/05/22 by David V. Smith, Patricia Lockwood, Dominic S. Fareri · 1 voice
Decision Sciences · #Stock Market Forecasting Methods

paper · pdf · doi:10.31234/osf.io/b9r4z_v1

openalex publication_date 2025/05/22 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/14

Abstract

Neural data is reshaping how we understand and influence decision-making—both at the level of the individual and across populations. By revealing how people attend to information, how they value outcomes, and how they resolve internal conflicts, neuroscience offers an unprecedented window into the cognitive and emotional machinery of economic life. This shift matters because many of the most stubborn problems in marketing, public policy, and behavioral economics—why people make inconsistent choices, why intentions don’t predict actions, and why aggregate preferences shift in response to seemingly minor cues—cannot be resolved with behavioral data alone.

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