The Brain as the Original Accounting Institution

Document Type

Article

Publication Date

11-2009

Abstract

The evolved brain neuronally processed information on human interaction long before the development of formal accounting institutions. Could the neuronal processes represent the underpinnings of the accounting principles that exist today? This question is pursued several ways: first as an examination of parallel structures that exist between the brain and accounting principles, second as an explanation of why such parallels might exist, and third as an explicit description of a paradigm that shows how the benefits of an accounting procedure can emerge in an experiment.

Comments

This article was originally published in The Accounting Review, volume 84, issue 6, in 2009.

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Peer Reviewed

1

Copyright

American Accounting Association

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