Update 2.9.2019

It’s interesting that sometimes you discover important pieces of a puzzle by accident. After a moment of curiosity and thinking about the role of evolution and biology in decisions we make (in the market, etc) I found a wonderful course by Robert Sapolsky regarding behavioral biology. What happens in the brain a thousandth of a second before you do something and what happened thousands of years ago from an evolutionary point of view that you did that particular act. It’s interesting that the economy is shifting from mathematics to psychology and even biology. Of course, I’m more interested in environmental aspects that influence decisions we make (and in my case the value system and adaptation and these things) but biology shouldn’t be ignored. For example, the frontal lobe is the part of the brain that is responsible for executive functions such as planning for the future, judgment, decision-making skills, attention span, and inhibition. Or how the mechanism which works for hunger is not just about food, etc. But the most important thing: are we free to make decisions? Structuralists reject the notion of free will altogether. Or behavioral economists such as Richard Thaler discuss numerous factors that can influence our decisions on the market( and beyond). All these are really important when studying adapting to new value systems.

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