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Neurons in the orbitofrontal cortex encode economic value

Citations

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Cited by:

  1. Milica Milosavljevic & Jonathan Malmaud & Alexander Huth & Christof Koch & Antonio Rangel, 2010. "The Drift Diffusion Model can account for the accuracy and reaction time of value-based choices under high and low time pressure," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 5(6), pages 437-449, October.
  2. B. Douglas Bernheim, 2009. "On the Potential of Neuroeconomics: A Critical (but Hopeful) Appraisal," American Economic Journal: Microeconomics, American Economic Association, vol. 1(2), pages 1-41, August.
  3. Alexander Nitsch & Mona M. Garvert & Jacob L. S. Bellmund & Nicolas W. Schuck & Christian F. Doeller, 2024. "Grid-like entorhinal representation of an abstract value space during prospective decision making," Nature Communications, Nature, vol. 15(1), pages 1-20, December.
  4. Witt, Ulrich & Binder, Martin, 2013. "Disentangling motivational and experiential aspects of “utility” – A neuroeconomics perspective," Journal of Economic Psychology, Elsevier, vol. 36(C), pages 27-40.
  5. Wan-Yu Shih & Hsiang-Yu Yu & Cheng-Chia Lee & Chien-Chen Chou & Chien Chen & Paul W. Glimcher & Shih-Wei Wu, 2023. "Electrophysiological population dynamics reveal context dependencies during decision making in human frontal cortex," Nature Communications, Nature, vol. 14(1), pages 1-24, December.
  6. Wenyi Zhang & Yang Xie & Tianming Yang, 2022. "Reward salience but not spatial attention dominates the value representation in the orbitofrontal cortex," Nature Communications, Nature, vol. 13(1), pages 1-12, December.
  7. Ryan Webb & Paul W. Glimcher & Kenway Louie, 2021. "The Normalization of Consumer Valuations: Context-Dependent Preferences from Neurobiological Constraints," Management Science, INFORMS, vol. 67(1), pages 93-125, January.
  8. John A Clithero & Dharol Tankersley & Scott A Huettel, 2008. "Foundations of Neuroeconomics: From Philosophy to Practice," PLOS Biology, Public Library of Science, vol. 6(11), pages 1-6, November.
  9. Nagaraj R. Mahajan & Shreesh P. Mysore, 2022. "Donut-like organization of inhibition underlies categorical neural responses in the midbrain," Nature Communications, Nature, vol. 13(1), pages 1-17, December.
  10. Leo Chi U Seak & Simone Ferrari-Toniolo & Ritesh Jain & Kirby Nielsen & Wolfram Schultz, 2023. "Systematic comparison of risky choices in humans and monkeys," Working Papers 202316, University of Liverpool, Department of Economics.
  11. Sébastien Ballesta & Weikang Shi & Camillo Padoa-Schioppa, 2022. "Orbitofrontal cortex contributes to the comparison of values underlying economic choices," Nature Communications, Nature, vol. 13(1), pages 1-10, December.
  12. Nir Moneta & Mona M. Garvert & Hauke R. Heekeren & Nicolas W. Schuck, 2023. "Task state representations in vmPFC mediate relevant and irrelevant value signals and their behavioral influence," Nature Communications, Nature, vol. 14(1), pages 1-21, December.
  13. Sacha Bourgeois-Gironde & Itzhak Gingi Aharon, 2011. "From Neuroeconomics to Genetics: The Intertemporal Choices Case as an Example," Post-Print ijn_00713466, HAL.
  14. Alcocer, Christian Diego & Jeitschko, Thomas D. & Shupp, Robert, 2020. "Naive and sophisticated mixing: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 170(C), pages 157-173.
  15. Sacha Bourgeois-Gironde, 2010. "Is neuroeconomics doomed by the reverse inference fallacy?," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 9(2), pages 229-249, December.
  16. Huanyuan Zhou & KongFatt Wong-Lin & Da-Hui Wang, 2018. "Parallel Excitatory and Inhibitory Neural Circuit Pathways Underlie Reward-Based Phasic Neural Responses," Complexity, Hindawi, vol. 2018, pages 1-20, April.
  17. Lotem Elber-Dorozko & Yonatan Loewenstein, 2018. "Striatial Action-Value Neurons Reconsidered," Discussion Paper Series dp720, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
  18. Kiyohito Iigaya & Sanghyun Yi & Iman A. Wahle & Sandy Tanwisuth & Logan Cross & John P. O’Doherty, 2023. "Neural mechanisms underlying the hierarchical construction of perceived aesthetic value," Nature Communications, Nature, vol. 14(1), pages 1-19, December.
  19. Dickhaut, John & Smith, Vernon & Xin, Baohua & Rustichini, Aldo, 2013. "Human economic choice as costly information processing," Journal of Economic Behavior & Organization, Elsevier, vol. 94(C), pages 206-221.
  20. Zhewei Zhang & Chaoqun Yin & Tianming Yang, 2022. "Evidence accumulation occurs locally in the parietal cortex," Nature Communications, Nature, vol. 13(1), pages 1-11, December.
  21. Cary Frydman & Nicholas Barberis & Colin Camerer & Peter Bossaerts & Antonio Rangel, 2012. "Using Neural Data to Test a Theory of Investor Behavior: An Application to Realization Utility," NBER Working Papers 18562, National Bureau of Economic Research, Inc.
  22. Bruno B Averbeck & Moonsang Seo, 2008. "The Statistical Neuroanatomy of Frontal Networks in the Macaque," PLOS Computational Biology, Public Library of Science, vol. 4(4), pages 1-11, April.
  23. Nick Netzer, 2009. "Evolution of Time Preferences and Attitudes toward Risk," American Economic Review, American Economic Association, vol. 99(3), pages 937-955, June.
  24. Daniel Serra, 2021. "Decision-making: from neuroscience to neuroeconomics—an overview," Theory and Decision, Springer, vol. 91(1), pages 1-80, July.
  25. Laurette Dubé & Antoine Bechara & Ulf Böckenholt & Asim Ansari & Alain Dagher & Mark Daniel & Wayne DeSarbo & Lesley Fellows & Ross Hammond & Terry Huang & Scott Huettel & Yan Kestens & Bärbel Knäuper, 2009. "Towards a brain-to-society systems model of individual choice," Marketing Letters, Springer, vol. 20(1), pages 105-106, March.
  26. repec:cup:judgdm:v:5:y:2010:i:6:p:437-449 is not listed on IDEAS
  27. Rolls, Edmund T., 2019. "Emotion and reasoning in human decision-making," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 13, pages 1-31.
  28. Brocas, Isabelle & Carrillo, Juan D., 2012. "From perception to action: An economic model of brain processes," Games and Economic Behavior, Elsevier, vol. 75(1), pages 81-103.
  29. Alvino, Letizia & Constantinides, Efthymios & Franco, Massimo, 2018. "Towards a better understanding of consumer behavior : Marginal utility as a parameter in neuromarketing research," Other publications TiSEM b3e61951-9032-4cb4-b075-1, Tilburg University, School of Economics and Management.
  30. Sacha Bourgeois-Gironde & Carl Schoonover, 2008. "Cross-talk in economics and neuroscience," Post-Print ijn_00432665, HAL.
  31. Linda Q. Yu & Jason Dana & Joseph W. Kable, 2022. "Individuals with ventromedial frontal damage display unstable but transitive preferences during decision making," Nature Communications, Nature, vol. 13(1), pages 1-10, December.
  32. Paul M Bays & Ben A Dowding, 2017. "Fidelity of the representation of value in decision-making," PLOS Computational Biology, Public Library of Science, vol. 13(3), pages 1-16, March.
  33. Carlos Alós-Ferrer & Maximilian Mihm, 2021. "Updating stochastic choice," ECON - Working Papers 381, Department of Economics - University of Zurich.
  34. Rolls, Edmund T., 2019. "Emotion and reasoning in human decision-making," Economics Discussion Papers 2019-8, Kiel Institute for the World Economy (IfW Kiel).
  35. Brocas, Isabelle, 2012. "Information processing and decision-making: Evidence from the brain sciences and implications for economics," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 292-310.
  36. Letizia Alvino & Efthymios Constantinides & Massimo Franco, 2018. "Towards a Better Understanding of Consumer Behavior: Marginal Utility as a Parameter in Neuromarketing Research," International Journal of Marketing Studies, Canadian Center of Science and Education, vol. 10(1), pages 90-106, March.
  37. Arno Onken & Jue Xie & Stefano Panzeri & Camillo Padoa-Schioppa, 2019. "Categorical encoding of decision variables in orbitofrontal cortex," PLOS Computational Biology, Public Library of Science, vol. 15(10), pages 1-27, October.
  38. Aldo Rustichini, 2023. "Economics with a biological foundation," Indian Economic Review, Springer, vol. 58(1), pages 1-40, June.
  39. Vassilios Christopoulos & Paul R Schrater, 2015. "Dynamic Integration of Value Information into a Common Probability Currency as a Theory for Flexible Decision Making," PLOS Computational Biology, Public Library of Science, vol. 11(9), pages 1-26, September.
  40. Simone Ferrari-Toniolo & Leo Chi U. Seak & Wolfram Schultz, 2022. "Risky choice: Probability weighting explains independence axiom violations in monkeys," Journal of Risk and Uncertainty, Springer, vol. 65(3), pages 319-351, December.
  41. Mengov, George & Georgiev, Nikolay & Zinovieva, Irina & Gerunov, Anton, 2022. "Virtual social networking increases the individual's economic predictability," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 101(C).
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