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Giorgio Coricelli

Giorgio Coricelli is a biology topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Giorgio Coricelli rather than just read about it. In short: Giorgio Coricelli is professor of economics and psychology at the University of Southern California, specializing in neuroeconomics. Having done his undergraduate studies at La Sapienza in Rome, he then completed his Ph.D. at the Economic Science Laboratory of the University of Arizona studying with Vernon Smith, shortly before Smith received his Nobel Prize in economics in 2002.

Key takeaways

  • Giorgio Coricelli belongs to biology; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Giorgio Coricelli to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Giorgio Coricelli from memory before moving on to harder problems.

Reference excerpt

Giorgio Coricelli is professor of economics and psychology at the University of Southern California, specializing in neuroeconomics. Having done his undergraduate studies at La Sapienza in Rome, he then completed his Ph.D. at the Economic Science Laboratory of the University of Arizona studying with Vernon Smith, shortly before Smith received his Nobel Prize in economics in 2002. His research focuses on neuroeconomics, experimental economics and game theory. Besides Vernon Smith, he collaborated with Kevin McCabe, Aldo Rustichini and Sarah-Jayne Blakemore. He founded the Neuroeconomics Lab at USC, while being a member of the CNRS and of the CIMEC lab in Trento, Italy.

Research Coricelli was trained by the founding father of experimental economics, Vernon Smith, and later joined in 2004 the Institut des Sciences Cognitives in Lyon, France, to perform experimental research using neuroimaging. His work combines economics with scientific psychology, and aims at "understanding human behaviors emerging from the interplay of cognitive and emotional systems" in the human mind, more specifically "the role of emotions in decision-making and the relational complexity in social interaction". His most cited work investigated counterfactual thinking and its locus of activity in the brain, in particular for the emotion of regret. Using game theory and in collaboration with Rosemarie Nagel, he also investigated strategic thinking and identified the brain loci of different levels of strategic reasoning (in beauty contest games). His most recent work has focused on bounded rationality, social uncertainty, social learning, and impaired decision-making. Among his influences are William James and Piero Sraffa. He coined the term "neuroeconomics" while working at Vernon Smith's lab in Arizona.

References

Worked examples

Example 1 — a first encounter with Giorgio Coricelli

Start with the simplest possible case. Write down what Giorgio Coricelli claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In biology, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Giorgio Coricelli before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Giorgio Coricelli ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Giorgio Coricelli

In research
Giorgio Coricelli appears in biology research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Giorgio Coricelli in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Giorgio Coricelli is common in secondary-school and first-year university syllabi. It links to neighbouring topics Italian economists, Italian psychologists, Living people, so understanding it makes those chapters shorter.
In everyday life
Look for Giorgio Coricelli outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study Giorgio Coricelli in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Giorgio Coricelli means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Giorgio Coricelli out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Giorgio Coricelli in simple terms?

Giorgio Coricelli is professor of economics and psychology at the University of Southern California, specializing in neuroeconomics. Having done his undergraduate studies at La Sapienza in Rome, he then completed his Ph.D. at the Economic Science Laboratory of the University of Arizona studying wit…

Why does Giorgio Coricelli matter?

Because it connects several biology ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Giorgio Coricelli?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Giorgio Coricelli.

Tags

  • Italian economists
  • Italian psychologists
  • Living people
  • Neuroeconomists
  • University of Arizona alumni
  • University of Southern California faculty

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