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School-Choice Behavior and Game Based on Brain Cognition | Hu | NeuroQuantology


DOI: 10.14704/nq.2018.16.6.1579

School-Choice Behavior and Game Based on Brain Cognition

Zunguo Hu, Xiangdong Liang, Yaozhong Wang

Abstract


Brain stimulation experiment has revealed the association law between loss aversion tendency and brain-specific nervous system, providing a solid scientific basis for deep understanding of human behavioral preferences, as well as providing another research scheme for controversial school choice. There are many uncertain risks in the process of school choice, so asymmetry appears when the decision maker’s brain processes gain and loss, which causes obvious school-choice preference reversal. Based on the inherent law of brain activity studied by fMRI and through analyzing the phenomenon of human choice behavior under the admission system in China, this study proves that applicants appear limited rationality or preference reversal when the emotional brain area is hyperactive. In addition, in the priority to the first applications (PTTFA) mechanism, applicants reveal that true preference is not a dominant strategy, which will lead to market imbalances and low inefficiency.

Keywords


Loss aversion, Irrational Choice, School-choice Behavior, Neuroeconomics.

Full Text:

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References


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Supporting Agencies



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