Neural correlates in intertemporal choice of gains and losses.

2015 ◽  
Vol 8 (1) ◽  
pp. 27-47 ◽  
Author(s):  
Valeria Faralla ◽  
Francesca Benuzzi ◽  
Fausta Lui ◽  
Patrizia Baraldi ◽  
Nicola Dimitri ◽  
...  
Keyword(s):  
Intertemporal Choice ◽  
Neural Correlates ◽  
Gains And Losses

Distinct neural correlates for the processing of magnitude, probability and uncertainty of potential monetary gains and losses

2009 ◽  
Author(s):  
Nicola Canessa ◽  
Gabriele Chierchia ◽  
Matteo Motterlini ◽  
Gabriel Baud-Bovy ◽  
Stefano Cappa
Keyword(s):  
Neural Correlates ◽  
Gains And Losses

Discount models in intertemporal choice: an empirical analysis

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Isabel María Parra Oller ◽  
Salvador Cruz Rambaud ◽  
María del Carmen Valls Martínez
Keyword(s):  
Empirical Analysis ◽  
Intertemporal Choice ◽  
Hyperbolic Discounting ◽  
Least Squares Regression ◽  
Discount Function ◽  
Content Type ◽  
The Individual ◽  
Gains And Losses ◽  
First Time ◽  
The Empirical Analysis

PurposeThe main purpose of this paper is to determine the discount function which better fits the individuals' preferences through the empirical analysis of the different functions used in the field of intertemporal choice.Design/methodology/approachAfter an in-depth revision of the existing literature and unlike most studies which only focus on exponential and hyperbolic discounting, this manuscript compares the adjustment of data to six different discount functions. To do this, the analysis is based on the usual statistical methods, and the non-linear least squares regression, through the algorithm of Gauss-Newton, in order to estimate the models' parameters; finally, the AICc method is used to compare the significance of the six proposed models.FindingsThis paper shows that the so-called q-exponential function deformed by the amount is the model which better explains the individuals' preferences on both delayed gains and losses. To the extent of the authors' knowledge, this is the first time that a function different from the general hyperbola fits better to the individuals' preferences.Originality/valueThis paper contributes to the search of an alternative model able to explain the individual behavior in a more realistic way.

scholarly journals The neural correlates of subjective value during intertemporal choice

2007 ◽  
Vol 10 (12) ◽  
pp. 1625-1633 ◽  
Author(s):  
Joseph W Kable ◽  
Paul W Glimcher
Keyword(s):  
Intertemporal Choice ◽  
Neural Correlates ◽  
Subjective Value

Common Neural Correlates of Intertemporal Choices and Intelligence in Adolescents

2015 ◽  
Vol 27 (2) ◽  
pp. 387-399 ◽  
Author(s):  
Stephan Ripke ◽  
Thomas Hübner ◽  
Eva Mennigen ◽  
Kathrin U. Müller ◽  
Shu-Chen Li ◽  
...  
Keyword(s):  
Intertemporal Choice ◽  
Inferior Frontal Gyrus ◽  
Temporal Discounting ◽  
Neural Correlates ◽  
Bold Response ◽  
Decision Network ◽  
A Value ◽  
Bold Responses ◽  
Choice Consistency ◽  
Intertemporal Choices

Converging behavioral evidence indicates that temporal discounting, measured by intertemporal choice tasks, is inversely related to intelligence. At the neural level, the parieto-frontal network is pivotal for complex, higher-order cognitive processes. Relatedly, underrecruitment of the pFC during a working memory task has been found to be associated with steeper temporal discounting. Furthermore, this network has also been shown to be related to the consistency of intertemporal choices. Here we report an fMRI study that directly investigated the association of neural correlates of intertemporal choice behavior with intelligence in an adolescent sample (n = 206; age 13.7–15.5 years). After identifying brain regions where the BOLD response during intertemporal choice was correlated with individual differences in intelligence, we further tested whether BOLD responses in these areas would mediate the associations between intelligence, the discounting rate, and choice consistency. We found positive correlations between BOLD response in a value-independent decision network (i.e., dorsolateral pFC, precuneus, and occipital areas) and intelligence. Furthermore, BOLD response in a value-dependent decision network (i.e., perigenual ACC, inferior frontal gyrus, ventromedial pFC, ventral striatum) was positively correlated with intelligence. The mediation analysis revealed that BOLD responses in the value-independent network mediated the association between intelligence and choice consistency, whereas BOLD responses in the value-dependent network mediated the association between intelligence and the discounting rate. In summary, our findings provide evidence for common neural correlates of intertemporal choice and intelligence, possibly linked by valuation as well as executive functions.

scholarly journals Giving vs. losing: age differences in decisions about charitable donations

2021 ◽  
Author(s):  
Erika Sparrow
Keyword(s):  
Age Differences ◽  
Intertemporal Choice ◽  
Age Groups ◽  
Younger Adults ◽  
Healthy Older Adults ◽  
Age Related ◽  
Financial Decision ◽  
Gains And Losses ◽  
Effect Of Age ◽  
Related Increase

In addition to making decisions about gains and losses that affect only ourselves, often in life we make decisions that benefit others. Research on lifespan changes in motivation suggests that altruistic motives become stronger with age. However, few studies have explored the effect of age on decisions that affect others. The current study used a realistic financial decision making task involving choices for gains, losses, and donations. Each decision involved an intertemporal choice, in which the participant selected either a smaller-sooner or a larger-later option that could affect their bonus payout. Participants included 36 healthy younger adults (M = 25.1 years) and 36 healthy older adults (M = 70.4 years). Both age groups chose more larger-later donations than larger-later losses, but the magnitude of this effect was amplified in older relative to younger adults. These findings suggest that intertemporal choices may be sensitive to an age-related increase in altruistic motivation

scholarly journals Giving vs. losing: age differences in decisions about charitable donations

2021 ◽  
Author(s):  
Erika Sparrow
Keyword(s):  
Age Differences ◽  
Intertemporal Choice ◽  
Age Groups ◽  
Younger Adults ◽  
Healthy Older Adults ◽  
Age Related ◽  
Financial Decision ◽  
Gains And Losses ◽  
Effect Of Age ◽  
Related Increase

In addition to making decisions about gains and losses that affect only ourselves, often in life we make decisions that benefit others. Research on lifespan changes in motivation suggests that altruistic motives become stronger with age. However, few studies have explored the effect of age on decisions that affect others. The current study used a realistic financial decision making task involving choices for gains, losses, and donations. Each decision involved an intertemporal choice, in which the participant selected either a smaller-sooner or a larger-later option that could affect their bonus payout. Participants included 36 healthy younger adults (M = 25.1 years) and 36 healthy older adults (M = 70.4 years). Both age groups chose more larger-later donations than larger-later losses, but the magnitude of this effect was amplified in older relative to younger adults. These findings suggest that intertemporal choices may be sensitive to an age-related increase in altruistic motivation

scholarly journals Neural correlates of intertemporal choice in aggressive behavior

2019 ◽  
Vol 45 (5) ◽  
pp. 507-516 ◽  
Author(s):  
David S. Chester ◽  
Sarah Beth Bell ◽  
C. Nathan DeWall ◽  
Samuel J. West ◽  
Marisabel Romero‐Lopez ◽  
...  
Keyword(s):  
Aggressive Behavior ◽  
Intertemporal Choice ◽  
Neural Correlates

scholarly journals Separate Neural Networks for Gains and Losses in Intertemporal Choice

2018 ◽  
Vol 34 (5) ◽  
pp. 725-735 ◽  
Author(s):  
Yang-Yang Zhang ◽  
Lijuan Xu ◽  
Zhu-Yuan Liang ◽  
Kun Wang ◽  
Bing Hou ◽  
...  
Keyword(s):  
Neural Networks ◽  
Intertemporal Choice ◽  
Gains And Losses

scholarly journals Congruence of BOLD Response across Intertemporal Choice Conditions: Fictive and Real Money Gains and Losses

2009 ◽  
Vol 29 (27) ◽  
pp. 8839-8846 ◽  
Author(s):  
W. K. Bickel ◽  
J. A. Pitcock ◽  
R. Yi ◽  
E. J. C. Angtuaco
Keyword(s):  
Intertemporal Choice ◽  
Bold Response ◽  
Real Money ◽  
Gains And Losses
Sign in / Sign up

Export Citation Format

Share Document