Neural Underpinnings of Financial Decision Bias in Older Adults: Putative Theoretical Models and a Way to Reconcile Them

Overview

Journal Front Neurosci

Date 2019 Apr 2

PMID 30930732

Citations 5

Authors

Michael McCormick

Valerie F Reyna

Karlene Ball

Jeffrey S Katz

Gopikrishna Deshpande

Affiliations

Soon will be listed here.

Citing Articles

The connectome-based prediction of trust propensity in older adults: A resting-state functional magnetic resonance imaging study.

Chen Y, He H, Lin W, Yang J, Tan S, Tao W Hum Brain Mapp. 2023; 44(11):4337-4351.

PMID: 37278571 PMC: 10318203. DOI: 10.1002/hbm.26385.

Decision-making under ambiguity and risk and executive functions in Parkinson's disease patients: A scoping review of the studies investigating the Iowa Gambling Task and the Game of Dice.

Colautti L, Iannello P, Silveri M, Antonietti A Cogn Affect Behav Neurosci. 2023; 23(5):1225-1243.

PMID: 37198383 PMC: 10545597. DOI: 10.3758/s13415-023-01106-3.

Executive Functions in Decision Making under Ambiguity and Risk in Healthy Adults: A Scoping Review Adopting the Hot and Cold Executive Functions Perspective.

Colautti L, Antonietti A, Iannello P Brain Sci. 2022; 12(10).

PMID: 36291269 PMC: 9599766. DOI: 10.3390/brainsci12101335.

Age differences in intuitive moral decision-making: Associations with inter-network neural connectivity.

Huang S, Faul L, Sevinc G, Mwilambwe-Tshilobo L, Setton R, Lockrow A Psychol Aging. 2021; 36(8):902-916.

PMID: 34472915 PMC: 9170131. DOI: 10.1037/pag0000633.

The Role of Emotional vs. Cognitive Intelligence in Economic Decision-Making Amongst Older Adults.

Ramchandran K, Tranel D, Duster K, Denburg N Front Neurosci. 2020; 14:497.

PMID: 32547361 PMC: 7274021. DOI: 10.3389/fnins.2020.00497.

References

Gigerenzer G, Gaissmaier W . Heuristic decision making. Annu Rev Psychol. 2010; 62:451-82. DOI: 10.1146/annurev-psych-120709-145346. View

Grant M, Wood K, Sreenivasan K, Wheelock M, White D, Thomas J . Influence of early life stress on intra- and extra-amygdaloid causal connectivity. Neuropsychopharmacology. 2015; 40(7):1782-93. PMC: 4915263. DOI: 10.1038/npp.2015.28. View

Hare T, Camerer C, Rangel A . Self-control in decision-making involves modulation of the vmPFC valuation system. Science. 2009; 324(5927):646-8. DOI: 10.1126/science.1168450. View

Liang P, Deshpande G, Zhao S, Liu J, Hu X, Li K . Altered directional connectivity between emotion network and motor network in Parkinson's disease with depression. Medicine (Baltimore). 2016; 95(30):e4222. PMC: 5265831. DOI: 10.1097/MD.0000000000004222. View

Fair D, Cohen A, Power J, Dosenbach N, Church J, Miezin F . Functional brain networks develop from a "local to distributed" organization. PLoS Comput Biol. 2009; 5(5):e1000381. PMC: 2671306. DOI: 10.1371/journal.pcbi.1000381. View

Lockenhoff C, Carstensen L . Decision strategies in health care choices for self and others: older but not younger adults make adjustments for the age of the decision target. J Gerontol B Psychol Sci Soc Sci. 2008; 63(2):P106-9. PMC: 2792939. DOI: 10.1093/geronb/63.2.p106. View

West R . An application of prefrontal cortex function theory to cognitive aging. Psychol Bull. 1996; 120(2):272-92. DOI: 10.1037/0033-2909.120.2.272. View

Yeo B, Krienen F, Sepulcre J, Sabuncu M, Lashkari D, Hollinshead M . The organization of the human cerebral cortex estimated by intrinsic functional connectivity. J Neurophysiol. 2011; 106(3):1125-65. PMC: 3174820. DOI: 10.1152/jn.00338.2011. View

Deshpande G, Sathian K, Hu X, Buckhalt J . A rigorous approach for testing the constructionist hypotheses of brain function. Behav Brain Sci. 2012; 35(3):148-9. DOI: 10.1017/S0140525X1100149X. View

10.

Rangaprakash D, Deshpande G, Daniel T, Goodman A, Robinson J, Salibi N . Compromised hippocampus-striatum pathway as a potential imaging biomarker of mild-traumatic brain injury and posttraumatic stress disorder. Hum Brain Mapp. 2017; 38(6):2843-2864. PMC: 6867178. DOI: 10.1002/hbm.23551. View

11.

Worthy D, Maddox W . Age-based differences in strategy use in choice tasks. Front Neurosci. 2012; 5:145. PMC: 3252562. DOI: 10.3389/fnins.2011.00145. View

12.

Leigland L, Schulz L, Janowsky J . Age related changes in emotional memory. Neurobiol Aging. 2004; 25(8):1117-24. DOI: 10.1016/j.neurobiolaging.2003.10.015. View

13.

Best R, Charness N . Age differences in the effect of framing on risky choice: A meta-analysis. Psychol Aging. 2015; 30(3):688-98. PMC: 4556535. DOI: 10.1037/a0039447. View

14.

Bechara A, Damasio H, Tranel D, Damasio A . Deciding advantageously before knowing the advantageous strategy. Science. 1997; 275(5304):1293-5. DOI: 10.1126/science.275.5304.1293. View

15.

Wang Y, Katwal S, Rogers B, Gore J, Deshpande G . Experimental Validation of Dynamic Granger Causality for Inferring Stimulus-Evoked Sub-100 ms Timing Differences from fMRI. IEEE Trans Neural Syst Rehabil Eng. 2016; 25(6):539-546. PMC: 5570592. DOI: 10.1109/TNSRE.2016.2593655. View

16.

Halfmann K, Hedgcock W, Bechara A, Denburg N . Functional neuroimaging of the Iowa Gambling Task in older adults. Neuropsychology. 2014; 28(6):870-80. DOI: 10.1037/neu0000120. View

17.

Mata R, Josef A, Samanez-Larkin G, Hertwig R . Age differences in risky choice: a meta-analysis. Ann N Y Acad Sci. 2011; 1235:18-29. PMC: 3332530. DOI: 10.1111/j.1749-6632.2011.06200.x. View

18.

Stanovich K, West R . On the relative independence of thinking biases and cognitive ability. J Pers Soc Psychol. 2008; 94(4):672-95. DOI: 10.1037/0022-3514.94.4.672. View

19.

Zhao S, Rangaprakash D, Venkataraman A, Liang P, Deshpande G . Investigating Focal Connectivity Deficits in Alzheimer's Disease Using Directional Brain Networks Derived from Resting-State fMRI. Front Aging Neurosci. 2017; 9:211. PMC: 5498531. DOI: 10.3389/fnagi.2017.00211. View

20.

Grant M, White D, Hadley J, Hutcheson N, Shelton R, Sreenivasan K . Early life trauma and directional brain connectivity within major depression. Hum Brain Mapp. 2014; 35(9):4815-26. PMC: 6430208. DOI: 10.1002/hbm.22514. View