![Employing labor-supply theory to measure the reward value of electrical brain stimulation [An article from: Games and Economic Behavior]](https://www.ebooknetworking.net/books/B00/0RR/bigB000RR6FRS.jpg)
Employing labor-supply theory to measure the reward value of electrical brain stimulation [An article from: Games and Economic Behavior]
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Book Details
Author(s)
K.L. Conover, P. Shizgal
Publisher
Elsevier
ISBN / ASIN
B000RR6FRS
ISBN-13
978B000RR6FR4
Marketplace
France 🇫🇷
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Description
This digital document is a journal article from Games and Economic Behavior, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
A model drawn from labor-supply theory is shown to provide a good account of time-allocation decisions taken by rats working for rewarding brain stimulation. The model makes it possible to infer, from behavioral data, the growth of the rewarding effect as a function of stimulation strength. Measurement of this function provides information about the stage of the reward circuitry where drugs or lesions alter the rewarding effect. The labor-supply model is used to illustrate how approaches drawn from economics, psychology, and neuroscience can inform each other. The model is linked to a set of psychological processes, including those responsible for transformation of the transient neural signal produced by the rewarding stimulation into an enduring record of payoff, estimation of a mean effort price, delay discounting, and estimation of the substitutability of work and leisure goods. All of these processes seem germane to economic behavior.
Description:
A model drawn from labor-supply theory is shown to provide a good account of time-allocation decisions taken by rats working for rewarding brain stimulation. The model makes it possible to infer, from behavioral data, the growth of the rewarding effect as a function of stimulation strength. Measurement of this function provides information about the stage of the reward circuitry where drugs or lesions alter the rewarding effect. The labor-supply model is used to illustrate how approaches drawn from economics, psychology, and neuroscience can inform each other. The model is linked to a set of psychological processes, including those responsible for transformation of the transient neural signal produced by the rewarding stimulation into an enduring record of payoff, estimation of a mean effort price, delay discounting, and estimation of the substitutability of work and leisure goods. All of these processes seem germane to economic behavior.
