Giorgio Coricelli

Associate Professor of Economics and Psychology

Contact Information
E-mail: coricell@usc.edu
Phone: (213) 740-2432
Office: KAP 316A

Curriculum Vitae
Personal Website


  • B.A. Economics, University of Rome, 1995
  • M.A. Economics, University of Arizona, 2001
  • Ph.D. Economics, University of Arizona, 2002

  • Description of Research

    Research Keywords
    Micro theory
    Research Specialties
    Neuroeconomics, Experimental Economics, Game Theory


    Book Chapter
    • Coricelli, G., Joffily, M. (2013). Cognitive-based emotions: theory and evidence from the brain. The goals of cognition pp. 203-209.
    • Chierchia, G., Coricelli, G. (2011). The neuroeconomics of cognitive control. In Neural Basis of Motivational and Cognitive Control. Neural Basis of Motivational and Cognitive Control Cambridge, MA: The MIT Press.
    • Coricelli, G., Rusconi, E. (2011). Probing with TMS the decisional brain. Handbook of Process Tracing Methods for Decision R pp. 205-222. Psychology Press.
    • Coricelli, G., Nagel, R. (2010). Walking with Reinhard Selten and the Guessing Game: From the Origin to the Brain. pp. 111-123. Springer.
    • Coricelli, G., Rustichini, A. (2009). Reward-based emotions: affective evaluation of outcomes and regret learning. Handbook of Reward and Decision Making Elsevier.
    • Coricelli, G., Schwarzbach, J. (2008). Cervello e decisioni. Giudizio e Decisione
    • Giardini, F., Coricelli, G., Joffily, M., Sirigu, A. (2007). The effect of desirability on confidence. Advances in Decision Making under Risk and Uncerta Springer.
    • Coricelli, G., McCabe, K., Smith, V. (2000). Theory-of-Mind Mechanism in Personal Exchange. Affective Minds pp. 249-259.

    Journal Article
    • Coricelli, G., Rusconi, E., Villeval, M. (2014). Tax Evasion and emotions in repeated interactions: An empirical test of re-integrative shaming theory. Journal of Economic Psychology. Vol. 40, pp. 49-61.
    • Joffily, M., Coricelli, G. (2013). Emotional Valence and the Free-Energy Principle. PLoS Computational Biology. Vol. 9 (6), pp. e1003094..
    • Foiuragnan, E., Chierchia, G., Greiner, S., Neveu, R., Avesani, P., Coricelli, G. (2013). Reputational priors magnify striatal responses to violations of trust. The Journal of Neuroscience. Vol. 33 (8), pp. 3602-3611.
    • Grygolec, J., Coricelli, G., Rustichini, A. (2012). Positive Interaction of Social Comparison and Personal Responsibility for Outcomes. Frontiers in Cognitive Science.
    • Coricelli, G., Nagel, R. (2012). The neural basis of bounded rational behavior. Revista International de Sociología. pp. 39-52.
    • Simioni, S., Annoni, J., Coricelli, G., Bault, N., Kleeberg, J., Pasquier, R., Gschwind, M., Vuilleumier, P., Schluep, M. (2012). Multiple sclerosis decreases explicit counterfactual processing and risk taking in decision making. PLoS ONE.
    • Giorgetta, C., Gregucci, A., Bonini, N., Coricelli, G., Demarchi, G., Braun, C., Sanfey, A. (2012). Waves of regret: A MEG study of emotion and decision-making. Neuropsychologia. Vol. 51, pp. 38-51.
    • Bault, N., Joffily, M., Rustichini, A., Coricelli, G. (2011). Medial prefrontal cortex and striatum mediate the influence of social comparison on the decision process. Proceedings of the National Academy of Sciences USA. Vol. 108 (38), pp. 16044-9.
    • Coricelli, G., Joffily, M., Montmarquette, C., Villeval, M. (2010). Cheating, Emotions, and Rationality: An Experiment on Tax Evasion. Journal of Experimental Economics. Vol. 13, pp. 226-247.
    • Coricelli, G., Rustichini, A. (2010). Counterfactual Thinking and Emotions: Regret and Envy Learning. Philosophical Transactions of the Royal Society B. Vol. 365, pp. 241-247.
    • Larquet, M., Coricelli, G., Opolczynski, G., Thibaut, F. (2010). Impaired decision-making in schizophrenia and orbitofrontal cortex patients. Schizophrenia Research. Vol. 116, pp. 266-73.
    • Burnett, S., Bault, N., Coricelli, G., Blakemore, S. (2010). Adolescents' heightened risk-seeking in a probabilistic gambling task. Cognitive Development. Vol. 25, pp. 183-196.
    • Coricelli, G., Nagel, R. (2010). Neuroeconomics of depth of reasoning. History of Economic Ideas. pp. 123-131.
    • Coricelli, G., Nagel, R. (2009). Neural correlates of depth of strategic reasoning in medial prefrontal cortex. Proceedings of the National Academy of Sciences USA. Vol. 106, pp. 9163-9168.
    • Bault, N., Coricelli, G., Rustichini, A. (2008). Interdependent utilities: How social ranking affects choice behavior. PLoS One. pp. 3(10):e3477.
    • Büchner, S., Coricelli, G., Greiner, B. (2008). Self-centered and other-regarding behavior in the Solidarity game. Journal of Economic Behavior and Organization. Vol. 62, pp. 293-303.
    • Coricelli, G. (2008). The potential role of regret in the physician-patient relationship: insights from neuroeconomics. Advances in Health Economics and Health Services Research. Vol. 20, pp. 85-97.
    • Ambrosino, A., Bault, N., Coricelli, G. (2008). Neural basis of emotional aspects of economic decision making. Revue d'économie politique. Vol. 1, pp. 63-73.
    • Coricelli, G., Dolan, R., Sirigu, A. (2007). Brain, emotion and decision making: the paradigmatic example of regret. TRENDS in Cognitive Sciences. Vol. 11, pp. 258-265.
    • Coricelli, G., Gonzales-Morales, L., Mahlstedt, A. (2006). The investment game with asymmetric information. Metroeconomica. Vol. 57, pp. 16-30.
    • Coricelli, G., Camille, N., Pradat-Diehl,, P., Duhamel, J., Sirigu, A. (2005). Why anticipated regret influences subjects’ choice. Science. Vol. 308, pp. 1260-1261.
    • Coricelli, G., Critchley, H., Joffily, M., O’Doherty, J., Sirigu, A., Dolan, R. (2005). Regret and its Avoidance: A Neuroimaging Study of Choice Behavior. Nature Neuroscience. Vol. 8, pp. 1255 - 1262.
    • Coricelli, G. (2005). Two-levels of mental states attribution: from automaticity to voluntariness. Neuropsychologia. Vol. 43, pp. 294-300.
    • Coricelli, G. (2004). How the Brain Evaluates and Predicts Monetary Rewards. Homo Oeconomicus. pp. 509-520.
    • Coricelli, G. (2004). Reciprocity-based emotions: An experimental study. Rivista Internazionale di Scienze Sociali. pp. 359-379.
    • Coricelli, G., Fehr, D., Fellner, G. (2004). Partner selection in public goods experiments. Journal of Conflict Resolution. Vol. 48, pp. 356-378.
    • Camille, N., Coricelli, G., Sallet, J., Pradat, D., Duhamel, J., Sirigu, A. (2004). The involvement of the orbitofrontal cortex in the experience of regret. Science. Vol. 304, pp. 1167-1170.
    • Coricelli, G., Luini, L. (2003). Double Moral Hazard: an Experiment on Warranties. Economia impresa e mercati finanziari. Vol. 2, pp. 7-25.

  • University of Southern California
  • Department of Economics
  • Phone: (213) 740-8335
  • Department Chair: Geert Ridder (213) 740-7432