On the rationale for hysteresis in economic decisions

Rios, Luis A. and Rachinskii, Dmitrii and Cross, Rod (2017) On the rationale for hysteresis in economic decisions. Journal of Physics: Conference Series, 811 (1). 012012. ISSN 1742-6588 (https://doi.org/10.1088/1742-6596/811/1/012012)

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Abstract

In the social sciences there are plausible reasons to postulate that hysteresis effects are important. The available evidence, however, is predominantly at the macro level. In this paper we review the evidence regarding hysteresis in the neural processes underlying human behavior. We argue that there is a need for experimental and neuroimaging studies to fill the gap in knowledge about hysteresis processes at the micro level in the social sciences.

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• Item metadata

  Item type:	Article
  ID code:	60552
  Dates:	Date Event 3 March 2017 Published 14 February 2017 Accepted
  Subjects:	Science > Mathematics Social Sciences > Economic Theory
  Department:	Strathclyde Business School > Economics
  Depositing user:	Pure Administrator
  Date deposited:	27 Apr 2017 13:03
  Last modified:	16 Dec 2024 14:32
  Related URLs:	Scopus publication
  URI:	https://strathprints.strath.ac.uk/id/eprint/60552