Erasmus Centre for Neuroeconomics

 
 
   
 

News

Finance and feelings: The neural ‘pleasure centre’ at the heart of crowd behaviour The crowds driving recent most striking events, from the Arab uprisings to the demonstrations against Vladimir Putin in Moscow, may at first sight appear to be socially and politically different. However, research presented in the Financial Times article ‘Crowd behaviour: United they stand’ argues otherwise.
15-02-2012
Does your brain urge you to take risks in order to be like others? How do our brains make daily choices and judgments? How does the surrounding context influence this process? In her PhD thesis entitled Context Effects in Valuation, Judgment and Choice: A Neuroscientific Approach, Kaisa Hytönen investigates these questions in risky and social settings. Her findings imply that prior experiences influence subsequent choices by changing the balance between emotional and deliberative brain processes. Results from her study also suggest that people learn to behave as others do quite automatically.
04-01-2012
Ale Smidts gave lecture at the 2nd Annual Interdisciplinary Symposium on Neuroscience Ale Smidts presented a neurobiological perspective on in-group conforming behaviour at the 2nd Annual Interdisciplinary Symposium on Decision Neuroscience last month.
06-10-2011
New research reveals the neurobiological mechanism behind herd behaviour Just how hard is it for us to reach truly independent opinions? A ground-breaking experimental study has confirmed the specific neurobiological mechanism in the brain that controls our instinct to conform.
27-09-2011
Mindreaders - Ale Smidts and Mirre Stallen in TV Show Neuroscience is one of the newest trends in market research, because sometimes your brain knows what you want better than you think it does. Professor Ale Smidts and PhD candidate Mirre Stallen were featured in VPRO's TV programme Labyrint, entitled ‘De Gedachtenlezers’ (the Mindreaders), on Tuesday, 1 March 2011.
08-03-2011
Ale Smidts and Paul Wouters receive NWO grant to lead European project on the neuro-turn in social sciences Ale Smidts, Professor of Marketing Research and Director of the Centre for Neuroeconomics at the Erasmus University Rotterdam and Paul Wouters, Professor of Scientometrics and Director of the Centre for Science and Technology Studies at Leiden University, have received an NWO “Open Research Area” grant. Over a period of three years, they will receive a total subsidy of € 210,000 to lead a European project on the “Neuro turn in European Social Sciences and the Humanities: Impacts of neurosciences on economics, marketing and philosophy” (acronym: NESSHI).
01-03-2011
Ale Smidts gave a lecture on the first ten years of neuromarketing research On February 17, 2011, Professor Ale Smidts gave a lecture at the Vision 2011 conference in Tilburg.
18-02-2011
NWO grant for Clement Levallois Dr. Clement Levallois has won the NWO Open Research Area (ORA) Grant for the project: NESSHI : The ‘Neuro-turn' in European Social Sciences and Humanities: Impacts of neurosciences on economics, marketing and philosophy.
16-12-2010
In the media: ‘Celebrities and shoes on the female brain’ Why are celebrities more persuasive endorsers than equally attractive non-famous endorsers? In the article ‘Celebrities and shoes on the female brain: The neural correlates of product evaluation in the context of fame’, we present the results of our recent study of the processes that underlie the effect of fame on product memory and purchase intention by the use of functional magnetic resonance imaging methods. The media were quick to pick up our research findings.
12-10-2010
It’s true, celebrity faces sell shoes In promoting their company’s products, marketing staff are keen to enlist the services of celebrities. But does it really work to have Victoria Beckham extolling the virtues of a particular brand of lingerie or Jennifer Lopez singing the praises of a perfume? It does and brain research now shows why: seeing famous faces elicits positive memories, which are then linked to the product being advertised.
23-08-2010
Ale Smidts to deliver lecture at MOAbouts Neuroeconomics On Thursday, March 18, 2010, Ale Smidts will deliver a lecture on the brain mechanisms of peer group influence and persuasion.
04-03-2010
Ale Smidts invited speaker at 2009 NeuroPsychoEconomics Conference On October 6, 2009, Professor Ale Smidts delivered a lecture on the neural correlates of social influence in the Consumer & Organizational Behavior track of the 2009 NeuroPsychoEconomics Conference in Bonn, Germany.
07-10-2009
Ale Smidts featured on Dutch television Ale Smidts, Professor of Neuromarketing, was featured in the VARA programme “Weet wat je koopt” (Know what you buy) on September 21, 2009. The programme explored the effects of casting celebrities in advertisements in order to promote products.
21-09-2009
Vasily Klucharev invited speaker at Utrecht University symposium On September 17, 2009, Dr. Vasily Klucharev was invited to speak at the Utrecht University symposium “Buy or Sell”, on the neurobiology behind decisions.
17-09-2009
Ale Smidts invited speaker at Ross School of Business summer workshop In August 2009, Professor Ale Smidts delivered a lecture at the summer workshop on Decision Neuroscience at the Ross School of Business.
19-08-2009
EU gives maximum score to research project xDelia In the context of its 7th Framework Programme for Research & Development (FP7) the European Union has granted nearly € 350,000 to Erasmus University for its planned contribution to xDelia. Erasmus University contributes to this European project through its research expertise at the Erasmus Centre for Neuroeconomics and at the related facilities at the Erasmus Behavioural Lab.
08-07-2009
Ale Smidts delivered key note speech at Hersenstichting anniversary celebration On June 18, 2009, Professor Ale Smidts delivered a key note speech at the twentieth anniversary celebration of the Hersenstichting, the Dutch brain foundation in The Hague.
18-06-2009
EU gives maximum score to research project involving Erasmus Behavioural Lab In the context of its 7th Framework Programme for Research & Development (FP7) the European Union has granted nearly € 350,000 to the Rotterdam School of Management, Erasmus University for its planned contribution to xDelia. xDelia, which stands for “Excellence in Decision-making through Enhanced Learning in Immersive Applications”, is an EU-funded project that investigates the role of behavioural biases and emotions in professional financial trading, private investment, and personal finance.
24-04-2009
April 2009: I like it because I chose it - Mirre Stallen reports on a study just published in the Journal of Neuroscience, by Tali Sharot et al. April 2009: I like it because I chose it - Mirre Stallen reports on a study just published in the Journal of Neuroscience, by Tali Sharot et al.
14-04-2009
January 2009: Centre's article on brain mechanism of social conformity makes Neuron cover and attracts large media attention A study on the neural mechanisms underlying conformist behaviour: how is it that we tend to feel peer-pressure, and change our opinions accordingly?
23-02-2009
December 2008: Centre publishes article on brain mechanisms of persuasion in SCAN An fMRI study on how expert power modulates the perceived value for consumers: a first step towards a neuroscientific theory of persuasion.
22-02-2009
Ale Smidts presented at the 1er Colloque Européen de Neuroscience du Consommateur He gave a presentation about ‘Brain mechanisms of persuasion: How celebrity expertise affects memory and attitude’.
08-10-2008
The symposium – “Dual processing: interplay between emotion and cognition in decision making” Chaired by Daniel Kahneman (Princeton University) Date: 21.06.2008 at 14.30, President Hotel, Moscow, Russia There is considerable agreement among psychologist on the characteristics that distinguish the two types of cognitive processes, labeled System 1 and System 2 (e.g. Kahneman, 2003). The growing number of neuroimaging studies differentiate neurobiological networks underlying fast, automatic and often emotional processes from operations that are slower, serial, effortful, more likely to be consciously monitored and deliberately controlled. We would like to discuss the interaction of automatic emotional and cognitive processes underling human decision making and attitudes. During a round table meeting we will discuss neurobiological approaches to study automatic and cognitive mechanisms of decision making, social norms, biases and attitudes.
19-05-2008
Conference on Neuroeconomics (ConNEcs) 2008 Copenhagen Conference on Neuroeconomics (ConNEcs) 2008 Copenhagen, Denmark, May 15-16, 2008 at the Copenhagen Business School
19-05-2008
Vasily Klucharev about decision-making and social influence In the latest edition of RSM Outlook, the article mentioned below on ‘The Brain Mechanisms of Persuasion’ honoured the magazine. It describes the latest finding of neuroimaging techniques to discover more about what goes on in the brains of consumers. Perhaps in the future, marketeers may know how to more effectively conduct advertising campaigns.
09-05-2007
Invited lecture "Brain mechanisms of persuasive communication, attitute change and elementary decision making".  By Prof. Ale Smidts and Vasily Klucharev (Rotterdam School of Management, Erasmus University) The vast diversity of advertising makes it an excellent vehicle by which persuasive communication can be studied. One of the most powerful techniques of persuasion is that of high expertise of the communicator, often referred to as "expert power". Many celebrities get hired for large sums of money to endorse products (e.g., Tiger Woods for Nike Golf).
23-01-2007
Invited lecture “Neurocognition of perceptual decision-making” by Hauke Heekeren from Max Planck Institute for Human Development/Berlin Neuroimaging Findings from single-cell recording studies suggest that a comparison of the outputs of different pools of selectively tuned lower-level sensory neurons may be a general mechanism by which higher-level cortical regions compute perceptual decisions. For example, when monkeys must decide whether a noisy field of dots is moving upward or downward, a decision can be formed by computing the difference in responses between lower-level neurons sensitive to upward motion and those sensitive to downward motion. I will present fMRI evidence that even for high-level object categories, the comparison of the outputs of different pools of selectively tuned neurons could be a general mechanism by which the human brain computes perceptual decisions. I will argue that the posterior dorsolateral prefrontal cortex has general decision-making functions, independent of stimulus and response modalities. Finally I will present data on the influence of other variables such as prior probability and reward on the neural correlates of perceptual decision making.
23-01-2007
Invited Lecture "Explaining Human Decision Making: From Neuroimaging to Neuromarketing" by V. Klucharev at Dresden University of Technology, Institute of Psychology III One of the most powerful techniques of persuasion is that of high expertise or authority often referred to as "expert power". The persuasive effect of experts is based on the idea that people will trust the opinions of someone who is assumed to have a lot of relevant knowledge (French and Raven 1960). We found that a single exposure to a combination of an expert communicator and an object leads to a long-lasting change in attitudes towards the object.
23-01-2007
Symposium "From perceptual to economic decisions" at the ECVP2006 Conference The symposium "From perceptual to economic decisions" aims to facilitate discussion on neuronal mechanisms transforming perception of visual stimuli in goal-directed behaviour. The symposium focuses on perceptual, emotional and cognitive mechanisms of human decision making.
23-01-2007
 
 
Mainport of Management Knowledge