The Brain as a Hierarchical Organization
基于神经科学证据，将大脑建模为面临信息不对称、时间跨度和激励显著性三种冲突的双系统组织，分析其对消费与劳动决策的影响，并讨论行为含义。
Based on recent neuroscience evidence, we model the brain as a dual-system organization subject to three conflicts: asymmetric information, temporal horizon, and incentive salience. Under the first and second conflicts, we show that the uninformed system imposes a positive link between consumption and labor at every period. Furthermore, decreasing impatience endogenously emerges as a consequence of these two conflicts. Under the first and third conflicts, it becomes optimal to set a consumption cap. Finally, we discuss the behavioral implications of these rules for choice bracketing and expense tracking, and for consumption over the life cycle.