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Articles, Behavioral/Systems/Cognitive

Neural Response to Reward Anticipation under Risk Is Nonlinear in Probabilities

Ming Hsu, Ian Krajbich, Chen Zhao and Colin F. Camerer
Journal of Neuroscience 18 February 2009, 29 (7) 2231-2237; DOI: https://doi.org/10.1523/JNEUROSCI.5296-08.2009
Ming Hsu
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Ian Krajbich
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Chen Zhao
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Colin F. Camerer
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  • Figure 1.
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    Figure 1.

    Nonlinear weighting of probability inferred from choices. A, Fits of the weighting function π(p) from many previous behavioral studies (see supplemental material, available at www.jneurosci.org as supplemental material). B, Fits from individual subjects in our experiment using the one-parameter Prelec weighting function (with π(p) = p at p = 1/e). C, Fits from various weighting functions (supplemental Table S2, available at www.jneurosci.org as supplemental material) using group-level parameters from our experiment (blue: Prelec 1-parameter; red: Prelec 2-parameter; yellow: Kahneman and Tversky; cyan: Lattimore; green: Wu and Gonzalez).

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    Figure 2.

    The experimental sequence of events. (1) A single gamble, consisting of the probability p1 of receiving some dollar amount $x1 (or 0 otherwise). (2) In 12 of the 120 trials, subjects are then asked to indicate whether the probability in the previous screen was greater or less than 40/100 (to engage attention to screen 1). (3) Subjects see a choice screen showing the gamble shown in 1 and a new gamble.

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    Figure 3.

    A, The analysis decomposes expected reward responses into two terms, the linear component in p (left, dashed line) and the nonlinear π(p) − p component (right). B, Glass brain and coronal section of activations to both linear p and nonlinear π(p) − p = 0.77. Red, Regions where both linear and nonlinear terms are activated at p < 0.001, excluding regions where linear and nonlinear terms are significantly different at p < 0.9; Yellow, Regions where both linear term is activated at p < 0.001 and nonlinear term at p < 0.005, excluding regions where linear and nonlinear terms are significantly different at p < 0.5. For additional coronal sections, see supplemental Figure S2 (available at www.jneurosci.org as supplemental material). C, Normalized GLM β coefficients of BOLD signal activation for extracted voxels (blue dots) in the left and right striatum coronal section shown in B (yellow) and Prelec function with group behavioral parameter (α = 0.77) inferred from choices (solid black line).

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    Figure 4.

    A, Theoretical coefficient on nonlinear probability component π(p) − p as a function of individual nonlinearity parameter αi. B, Scatter plot of within-subject empirical response (β coefficient from GLM) in average of left and right striatum and individual-subject nonlinearity parameter αi. The negative correlation is consistent with the theoretical relationship shown in A.

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    Table 1.

    Pooled estimates (SEs) of various weighting functions defined in supplemental Table S1 (available at www.jneurosci.org as supplemental material)

    LLρθ1θ2λ
    Prelec 1 (θ1 = α)−1493.40.499 (0.0160)0.724 (0.0235)1.464 (0.0911)
    Prelec 2 (θ1 = α, θ2 = β)−1491.10.441 (0.0307)0.708 (0.0222)0.859 (0.0619)1.972 (0.2908)
    Kahneman and Tversky (θ1 = γ)−1505.10.494 (0.0161)0.774 (0.0215)1.386 (0.0819)
    Lattimore (θ1 = γ, θ2 = δ)−1502.30.531 (0.0264)0.786 (0.0368)0.795 (0.0592)1.166 (0.1326)
    Wu and Gonzalez (θ1 = γ, θ2 = α)−1504.00.525 (0.0274)0.850 (0.0595)2.023 (0.7828)1.191 (0.1446)
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    Table 2.

    Regions significantly correlated with probability (p) term

    Voxels (k)Cluster punct valueVoxel puncMNI coordinatesRegion
    xyz
    1590.0035.390−121560Motor cortex
    5.180−15948
    190.2364.890−12−3−6Striatum
    780.0254.76030−51−27Culmen
    120.3454.630−95724Superior frontal gyrus
    290.1474.480120−3Globus pallidus
    140.3074.44030−87−9Inferior occipital gyrus
    220.2034.40624−12Brodmann 25
    260.1684.280−15−4824Posterior cingulate gyrus
    3.780.001−24−4827
    410.0894.250−9−75−24Cerebellum
    4.030−9−66−27
    170.2614.230−42921Inferior frontal gyrus
    150.2914.140511824IFG
    280.1544.040182118ACC
    3.890.001272418
    110.3664.03021−4515Brodmann 31
    3.810.00118−4824
    190.2363.960−18−63Striatum
    3.950−24−612
    3.670.001−2739
    130.3253.850.001−339−9
    180.2483.850.001−99−3Insula/putamen
    3.820.001−2118−12
    3.750.001−1818−3
    • Activations are thresholded at p < 0.001 and cluster size k > 10. Coordinates are in MNI space.

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    Table 3.

    Regions significantly correlated with nonlinear deviation term Δ (p)

    Voxels (k)Cluster punct valueVoxel puncMNI coordinatesRegion
    xyz
    16905.4033324Brodmann 9/cingulate
    4.650152430
    4.330271830
    650.0075.0603−30Striatum
    4.8400−6−9
    4.5800−15−3
    220.0914.89018−2139Brodmann 31
    150.1564.520−18−72−33Cerebellum
    210.0984.430−121221Cingulate
    190.1144.27024−918Striatum
    280.064.140−30−939Middle frontal gyrus
    3.960−30639
    190.1144.140−15−348Brodmann 24
    170.1334.060−242748Middle frontal gyrus
    3.860.001−183648Brodmann 8
    • Activations are thresholded at p < 0.001 and cluster size k > 10. Coordinates are in MNI space.

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The Journal of Neuroscience: 29 (7)
Journal of Neuroscience
Vol. 29, Issue 7
18 Feb 2009
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Neural Response to Reward Anticipation under Risk Is Nonlinear in Probabilities
Ming Hsu, Ian Krajbich, Chen Zhao, Colin F. Camerer
Journal of Neuroscience 18 February 2009, 29 (7) 2231-2237; DOI: 10.1523/JNEUROSCI.5296-08.2009

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Neural Response to Reward Anticipation under Risk Is Nonlinear in Probabilities
Ming Hsu, Ian Krajbich, Chen Zhao, Colin F. Camerer
Journal of Neuroscience 18 February 2009, 29 (7) 2231-2237; DOI: 10.1523/JNEUROSCI.5296-08.2009
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