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The explanatory power of economic theory is tested by the phenomenon of
irrational consumption, examples of which include such addictive behaviors
as disordered and pathological gambling. Midbrain Mutiny examines different
economic models of disordered gambling, using the frameworks of neuroeconomics
(which analyzes decision making in the brain) and picoeconomics (which analyzes
patterns of consumption behavior), and drawing on empirical evidence about
behavior and the brain. The authors argue that pathological gambling is a
true addiction and that addictive gambling is the basic form of addiction,
revealing the core character of all addiction.
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