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Moreland defends dualist interactionism, arguing that the mind is distinct from the brain. He compares physicalism, the view that the only thing that exists in the universe is matter, with substance dualism, the view that mind is separate from matter. He gives several reasons for rejecting physicalism and accepting dualism. Moreland claims that the idea of dualism is best understood from within a wider metaphysic, such as theism.
-Moreland says that the subjective character of experience does not count against the doctrine of physicalism.
Hedonic Treadmill
A theory suggesting that people continually seek new levels of stimulation or material goods to maintain happiness, but generally return to a stable level of happiness despite major positive or negative changes.
Prospect Theory
Prospect theory is a behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.
Neoclassical Economics
An economic theory that focuses on how consumer demand and production costs influence price, output, and income distribution in markets.
Behavioral Economics
A field of study that examines how psychological, cognitive, emotional, cultural, and social factors affect the economic decisions of individuals and institutions.
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