Dissociable influences of skewness and valence on economic choice and neural activity

Article English OPEN
Wright, N.; Symmonds, M.; Morris, L.; Dolan, R.;

Asymmetry in distributions of potential outcomes (i.e. skewness), and whether those potential outcomes reflect gains or losses (i.e. their valence), both exert a powerful influence on value-based choice. How valence affects the impact of skewness on choice is unknown. H... View more
  • References (31)
    31 references, page 1 of 4

    1. Wright ND, Symmonds M, Hodgson K, Fitzgerald THB, Crawford B, et al. (2012) Approach-Avoidance Processes Contribute to Dissociable Impacts of Risk and Loss on Choice. J Neurosci 32: 7009-7020.

    2. Caraco T, Chasin M (1984) Foraging preferences: Response to reward skew. Animal Behaviour 32: 76-85. doi:10.1016/S0003-3472(84)80326-7.

    3. Symmonds M, Wright ND, Bach DR, Dolan RJ (2011) Deconstructing risk: Separable encoding of variance and skewness in the brain. Neuroimage 58: 1139-1149. doi:10.1016/j.neuroimage.2011.06.087.

    4. Sortino FA, Price LN (1994) Performance Measurement in a Downside Risk Framework. The Journal of Investing 3: 59-64. doi:10.3905/joi.3.3.59.

    5. Golec J, Tamarkin M (1998) Bettors Love Skewness, Not Risk, at the Horse Track. Journal of Political Economy 106: 205-225. doi:10.1086/250007.

    6. Burke CJ, Tobler PN (2011) Reward skewness coding in the insula independent of probability and loss. J Neurophysiol 106: 2415-2422. doi:10.1152/ jn.00471.2011.

    7. Wu CC, Bossaerts P, Knutson B (2011) The Affective Impact of Financial Skewness on Neural Activity and Choice. PLoS ONE 6: e16838. doi:10.1371/ journal.pone.0016838.

    8. Critchley HD, Mathias CJ, Dolan RJ (2001) Neural Activity in the Human Brain Relating to Uncertainty and Arousal during Anticipation. Neuron 29: 537-545. doi:16/S0896-6273(01)00225-2.

    9. Preuschoff K, Bossaerts P, Quartz S (2006) Neural Differentiation of Expected Reward and Risk in Human Subcortical Structures. Neuron 51: 381-390. doi:10.1016/j.neuron.2006.06.024.

    10. Platt ML, Huettel SA (2008) Risky business: the neuroeconomics of decision making under uncertainty. Nat Neurosci 11: 398-403. doi:10.1038/nn2062.

  • Related Research Results (4)
  • Metrics
    views in OpenAIRE
    views in local repository
    downloads in local repository

    The information is available from the following content providers:

    FromNumber Of ViewsNumber Of Downloads
    UCL Discovery - IRUS-UK 0 5
Share - Bookmark