Common Currencies

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A topic at the intersections of the philosophy of cognitive science, economics and biology.

Doctor Spurt
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  • July 11, 2014
  • 05:24 AM
  • 904 views

Reward Prediction Error Signals are Meta-Representational

by Doctor Spurt / David Spurrett in Common Currencies

Explanatory and constructive discussion of a recent paper by Nicholas Shea with the title "Reward Prediction Error Signals are Meta-Representational". Contains Research Blogging citation code, but has not been picked up in nearly four days.... Read more »

  • February 25, 2014
  • 12:48 PM
  • 640 views

The root of all value: a neural common currency for choice

by David Spurrett in Common Currencies

Account of an important 2012 review of the functional MRI evidence in human subjects regarding whether all options are represented neurally in a single common currency.... Read more »

Levy, D., & Glimcher, P. (2012) The root of all value: a neural common currency for choice. Current Opinion in Neurobiology, 22(6), 1027-1038. DOI: 10.1016/j.conb.2012.06.001  

  • May 29, 2013
  • 12:10 PM
  • 834 views

The price of your soul: neural evidence for the non-utilitarian representation of sacred values

by Doctor Spurt in Common Currencies

One common way that people reject the claim that there is a common currency in which all available options are represented is by raising the possibility that some options are ‘incommensurable’. For two things to be incommensurable in general means that there isn’t some standard of comparison which applies to both of them. So the relevance of such claims to the common currency thesis is pretty direct.Barry Schwartz, for example, holds that “some sets of commodities are simply incomparable........ Read more »

Berns, G., Bell, E., Capra, C., Prietula, M., Moore, S., Anderson, B., Ginges, J., & Atran, S. (2012) The price of your soul: neural evidence for the non-utilitarian representation of sacred values. Philosophical Transactions of the Royal Society B: Biological Sciences, 367(1589), 754-762. DOI: 10.1098/rstb.2011.0262  

  • May 29, 2013
  • 12:09 PM
  • 673 views

Shizgal and Conover’s ‘Orderly choice’ argument and evidence

by Doctor Spurt in Common Currencies

One of the clearest statements of an argument for a common currency thesis is found early in Peter Shizgal and Kent Conover’s 1996 paper ‘On the neural computation of utility.’ This is a reallyimportant paper for the common currency topic, and should be required reading for anyone in the area. It doesn’t only state a version of one of the key arguments, it also provides an exemplary kind of empirical evidence.Here is how they state the argument: In natural settings, the goals c........ Read more »

Shizgal, P., & Conover, K. (1996) On the Neural Computation of Utility. Current Directions in Psychological Science, 5(2), 37-43. DOI: 10.1111/1467-8721.ep10772715  

  • November 30, 1999
  • 12:00 AM
  • 979 views

What You Can't Expect When You're Expecting

by Doctor Spurt in Common Currencies

An account of LA Paul's paper of the same title. Paul, L. (2015). What You Can't Expect When You're Expecting Res Philosophica, 92 (2).... Read more »

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