The Neuroscience of Risky Decision Making

The Neuroscience of Risky Decision Making

Author: Valerie F. Reyna

Publisher: American Psychological Association (APA)

Published: 2014-01-01

Total Pages: 214

ISBN-13: 9781433816628

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Whether the decision is to have unprotected sex, consent to surgery, have an extra piece of pie, or spend rather than save for retirement, risky decisions permeate our lives, and sometimes with disastrous consequences. How and why risk taking occurs has important implications. Yet many questions remain about how neurobiological, psychological, and socio-cultural factors influence decision-making. This book advances basic understanding and scientific theory about the brain mechanisms underlying risky decision by integrating findings from a number of disciplines, including development and cognitive psychology, brain sciences, law, behavioral economic, and addiction. The result is a rich scientific framework for understanding the causal mechanisms of risky decision making across the lifespan. Book jacket.


Risky Decision Making in Psychological Disorders

Risky Decision Making in Psychological Disorders

Author: Melissa Buelow

Publisher: Academic Press

Published: 2020-05-19

Total Pages: 412

ISBN-13: 0128150025

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Risky Decision Making in Psychological Disorders provides readers with a detailed examination of how risky decision making is affected by a wide array of individual psychological disorders. The book starts by providing important background information on the construct of risky decision making, the assessment of risky decision making, and the neuroscience behind such decision making. The Iowa Gambling Task, Balloon Analogue Risk Task, and other behavioral measures are covered, as are topics such as test reliability and the pros and cons of utilizing tasks that have strong practice effects. The book then moves into how risky decision making is affected by specific psychological disorders, such as addictive behaviors, anxiety disorders, mood disorders, schizophrenia, sleep disorders, eating disorders, and more. Explores how risky decision making is affected by different psychological disorders Examines risky decision making and ADHD, psychosis, mood/anxiety disorders, and more Synthesizes the research on risky decision making Discusses merits/limitations of the Iowa Gambling Task and other behavioral measures Covers risky decision making and its associations with other executive functions


Neuroeconomics

Neuroeconomics

Author: Peter Politser

Publisher: Oxford University Press

Published: 2008-03-12

Total Pages: 240

ISBN-13: 0190294221

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As technology has opened new windows into the brain, it has clarified what happens there when people make decisions about money. This clarity has produced a new science called neuroeconomics, which addresses diverse questions, such as why people save, buy stocks, steal, and overspend. The many different methods used in neuroeconomics have, however, often yielded unclear findings about the quality of these decisions, primarily because the field has lacked both guidelines for categorizing the different aspects of quality, and guidelines for selecting methods to study these aspects. Before this book, in which Peter Politser guides the reader through the different regions of study, there was no scientific guide for those interested in neuroeconomics. Politser shows how to evaluate specific elements of choice, such as regret, expectation, risk, ambiguity, time preference, and learning, and surveys economic and behavioral models of decision making skills. He reviews the neural correlates of decisional impairments and inconsistenciesclarifying, for example, why we do not recall what we experience, experience what we expect, or like what we want, and provides detailed tables of decision-making skills, their neural correlates, and possible impairments. Politser also considers what the field of neuroeconomics may add to future conceptions of decision making, and outlines the limitations of various studies of different capacities. He then introduces a broader field for the design and interpretation of neuroeconomic studiesa neuroepidemiology of decision making. Everyone who wants to understand the research in neuroeconomics or use its methods should read this book. Its accessible text, along with an extensive glossary, will guide those with little economic or neuroscience background, and make the book an excellent supplement for courses on neuroscience and decision making.


Neuroeconomics

Neuroeconomics

Author: Paul W. Glimcher

Publisher: Academic Press

Published: 2013-08-13

Total Pages: 606

ISBN-13: 0123914698

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In the years since it first published, Neuroeconomics: Decision Making and the Brain has become the standard reference and textbook in the burgeoning field of neuroeconomics. The second edition, a nearly complete revision of this landmark book, will set a new standard. This new edition features five sections designed to serve as both classroom-friendly introductions to each of the major subareas in neuroeconomics, and as advanced synopses of all that has been accomplished in the last two decades in this rapidly expanding academic discipline. The first of these sections provides useful introductions to the disciplines of microeconomics, the psychology of judgment and decision, computational neuroscience, and anthropology for scholars and students seeking interdisciplinary breadth. The second section provides an overview of how human and animal preferences are represented in the mammalian nervous systems. Chapters on risk, time preferences, social preferences, emotion, pharmacology, and common neural currencies—each written by leading experts—lay out the foundations of neuroeconomic thought. The third section contains both overview and in-depth chapters on the fundamentals of reinforcement learning, value learning, and value representation. The fourth section, “The Neural Mechanisms for Choice, integrates what is known about the decision-making architecture into state-of-the-art models of how we make choices. The final section embeds these mechanisms in a larger social context, showing how these mechanisms function during social decision-making in both humans and animals. The book provides a historically rich exposition in each of its chapters and emphasizes both the accomplishments and the controversies in the field. A clear explanatory style and a single expository voice characterize all chapters, making core issues in economics, psychology, and neuroscience accessible to scholars from all disciplines. The volume is essential reading for anyone interested in neuroeconomics in particular or decision making in general. Editors and contributing authors are among the acknowledged experts and founders in the field, making this the authoritative reference for neuroeconomics Suitable as an advanced undergraduate or graduate textbook as well as a thorough reference for active researchers Introductory chapters on economics, psychology, neuroscience, and anthropology provide students and scholars from any discipline with the keys to understanding this interdisciplinary field Detailed chapters on subjects that include reinforcement learning, risk, inter-temporal choice, drift-diffusion models, game theory, and prospect theory make this an invaluable reference Published in association with the Society for Neuroeconomics—www.neuroeconomics.org Full-color presentation throughout with numerous carefully selected illustrations to highlight key concepts


Decision Making: Neural and Behavioural Approaches

Decision Making: Neural and Behavioural Approaches

Author:

Publisher: Newnes

Published: 2013-01-10

Total Pages: 533

ISBN-13: 0444626077

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This well-established international series examines major areas of basic and clinical research within neuroscience, as well as emerging and promising subfields.This volume explores interdisciplinary research on decision making taking a neural and behavioural approach Leading authors review the state-of-the-art in their field of investigation, and provide their views and perspectives for future research Chapters are extensively referenced to provide readers with a comprehensive list of resources on the topics covered All chapters include comprehensive background information and are written in a clear form that is also accessible to the non-specialist


Aging and Decision Making

Aging and Decision Making

Author: Thomas M. Hess

Publisher: Academic Press

Published: 2015-02-17

Total Pages: 429

ISBN-13: 0124171559

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Decisions large and small play a fundamental role in shaping life course trajectories of health and well-being: decisions draw upon an individual's capacity for self-regulation and self-control, their ability to keep long-term goals in mind, and their willingness to place appropriate value on their future well-being. Aging and Decision Making addresses the specific cognitive and affective processes that account for age-related changes in decision making, targeting interventions to compensate for vulnerabilities and leverage strengths in the aging individual. This book focuses on four dominant approaches that characterize the current state of decision-making science and aging - neuroscience, behavioral mechanisms, competence models, and applied perspectives. Underscoring that choice is a ubiquitous component of everyday functioning, Aging and Decision Making examines the implications of how we invest our limited social, temporal, psychological, financial, and physical resources, and lays essential groundwork for the design of decision supportive interventions for adaptive aging that take into account individual capacities and context variables. Divided into four dominant approaches that characterize the current state of decision-making science and aging neuroscience Explores the impact of aging on the linkages between cortical structures/functions and the behavioral indices of decision-making Examines the themes associated with behavioral approaches that attempt integrations of methods, models, and theories of general decision-making with those derived from the study of aging Details the changes in underlying competencies in later life and the two prevailing themes that have emerged—one, the general individual differences perspective, and two, a more clinical focus


Goal-Directed Decision Making

Goal-Directed Decision Making

Author: Richard W. Morris

Publisher: Academic Press

Published: 2018-08-23

Total Pages: 486

ISBN-13: 0128120991

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Goal-Directed Decision Making: Computations and Neural Circuits examines the role of goal-directed choice. It begins with an examination of the computations performed by associated circuits, but then moves on to in-depth examinations on how goal-directed learning interacts with other forms of choice and response selection. This is the only book that embraces the multidisciplinary nature of this area of decision-making, integrating our knowledge of goal-directed decision-making from basic, computational, clinical, and ethology research into a single resource that is invaluable for neuroscientists, psychologists and computer scientists alike. The book presents discussions on the broader field of decision-making and how it has expanded to incorporate ideas related to flexible behaviors, such as cognitive control, economic choice, and Bayesian inference, as well as the influences that motivation, context and cues have on behavior and decision-making. Details the neural circuits functionally involved in goal-directed decision-making and the computations these circuits perform Discusses changes in goal-directed decision-making spurred by development and disorders, and within real-world applications, including social contexts and addiction Synthesizes neuroscience, psychology and computer science research to offer a unique perspective on the central and emerging issues in goal-directed decision-making