Eyal Winter

The Center for the Study for Rationality

The Hebrew University of Jerusalem

Prefrontal Cortex

Behavioral Economics Bridging between the classical decision models (mainly in

econ) and experimental/empirical findings.

Classical models assume primarily the maximization of material preferences.

Behavioral models look also at mental and emotional preferences.

Most of the literature in behavioral economics is focusing on mental fallacies and biases that drive us away from our material objectives.

I am instead trying to point out at cases in which our biases and emotions serve our interests sometimes even the narrow and immediate material interest

Anger Sorry your flight has been canceled

Al-Jazira interview

Mental Equilibrium

“Incentivising” Emotions

Mental Equilibrium and The Prisoners’ Dilemma

5,04,4

1,10,5Material

-10,-104,4

1,1-10,-10Mental

Cockatoos risk their lives to protect the flock

Turdoides squamiceps (Syrian African rift) Feed the entire flock not only their offspring

Refrain from Breeding

http://www.google.co.il/url?sa=i&source=images&cd=&cad=rja&docid=ou1H9zIDK6b9vM&tbnid=08DRBV97od_9YM:&ved=0CAgQjRw&url=http://en.wikipedia.org/wiki/Kin_selection&ei=I9CiUuCBKpO10QWtioCwDA&psig=AFQjCNEzrxACq5dk8VQLKhjSYcjokc2YIQ&ust=1386488227733102

Altruism and Rationality Zahavi’s Handicap Principle

Kin Selection

Group Selection

2048×1365- geocaching.com

Kin Selection Altruism is more common in social environments

which are ethnically homogenous.

James Andreoni: A 10 percentage point increase in ethnic diversity secuder donations yb14%

Tax Evasion in Norway!

The biological mechanisms for altruism, cooperation and trust Oxytocin

Autism and William’s Syndrome