Welcome to the Center for the Study of Neuroeconomics
The Center for the Study of Neuroeconomics (CSN) was started in 2004 by Dr. Kevin McCabe as a joint venture of GMU''s School of Law, the Department of Economics, the Krasnow Institute for Advanced Study, the Mercatus Center and the Interdisciplinary Center for Economic Science. The center works closely with the International Foundation for Research in Experimental Economics (IFREE).
The mission of CSN is to develop, and use experimental methods from both, experimental economics and cognitive neuroscience to design experiments that help to better understand how neural activity results in an emergent cognitive capacity for economic behavior.
In supporting this mission, the center runs a sixteen subject Behavioral Neuroeconomics Lab at the Krasnow Institute, which is adjacent to the fMRI scanner. This allows for facilitation of neuroscience techniques to be run in conjunction with behavioral economic experiments.
Our approach is truly interdisciplinary in that we involve researchers across different fields in every aspect of our research program. The heart of our approach is the methodology of experimental economics pioneered by Vernon Smith. We are building on the program of experimental economics by adding virtual worlds and fMRI studies as well as importing more traditional methods of cognitive psychology into our projects.