Applications of Behavioral Economics and Neuroeconomics in Mental Health

Barno Sayfutdinovna  Abdullaeva; Diyorjon  Abdullaev; Laylo  Djuraeva; Dilfuza Karimullaevna  Sagdullaeva; Azam  Kholikov

doi:10.18502/ijps.v20i1.17404

Barno Sayfutdinovna Abdullaeva Vice-Rector for Scientific Affairs, Tashkent State Pedagogical University, Tashkent, Uzbekistan.
Diyorjon Abdullaev Department of Scientific Affairs, Vice-Rector for Scientific Affairs, Urganch State Pedagogical Institute, Urgench, Uzbekistan.
Laylo Djuraeva Department of Innovation and Sciences, New Uzbekistan University, Tashkent, Uzbekistan.
Dilfuza Karimullaevna Sagdullaeva Department of Uzbek Language and Classical Eastern Literature, Faculty of Classical Eastern Philology, International Islamic Academy of Uzbekistan, Tashkent, Uzbekistan.
Azam Kholikov Department of Mother Language and Teaching Methodology in Primary Education, Tashkent State Pedagogical University, Tashkent, Uzbekistan.

DOI: https://doi.org/10.18502/ijps.v20i1.17404

Keywords: Behavioral Economics; Decision Making; Intervention; Mental Health; Psychiatric Disorders

Abstract

Objective: The integration of behavioral economics and neuroeconomics into mental health offers innovative perspectives on understanding and addressing psychological disorders. This overview aims to synthesize current knowledge and explore the implications of these interdisciplinary approaches in the context of mental health.

Method: In this narrative review, we summarized the current evidence regarding the applications of behavioral economics and neuroeconomics approaches in the field of mental health.

Results: Behavioral economics and neuroeconomics provide valuable insights into the cognitive and emotional processes underlying mental health disorders, such as irrational decision-making, impulsivity, and self-control issues. Concepts such as loss aversion, temporal discounting, and framing effects inform the development of innovative interventions and policy initiatives. Behavioral economic interventions, including nudges, incentives, and commitment devices, show promise in promoting treatment adherence, reducing risky behaviors, and enhancing mental well-being. Neuroeconomics contributes by identifying neural markers predictive of treatment response and relapse risk, paving the way for personalized treatment approaches.

Conclusion: The integration of behavioral economics and neuroeconomics into mental health research and practice holds significant potential for improving the understanding of psychological disorders and developing more effective, personalized interventions. Further research is needed to elucidate the mechanisms of action, optimize intervention strategies, and address ethical considerations associated with these approaches in mental health settings.