On the rationale for hysteresis in economic decisions

Luis A. Rios, Dmitrii Rachinskii, Rod Cross

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)
31 Downloads (Pure)

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.

Original languageEnglish
Article number012012
Number of pages9
JournalJournal of Physics: Conference Series
Volume811
Issue number1
DOIs
Publication statusPublished - 3 Mar 2017

Keywords

  • hysteresis
  • mathematics of hysteresis

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