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of interest? (AS)
- From: Leo Caves <***>
- Date: Fri, 1 Apr 2005 10:50:46 +0100
I thought that this article (see below) on "neuroeconomics" might be of
interest to the list - it provides evidence (via MRI) of brain activity
that is interpreted as internal model building in the development of
trust in a simple economic exchange game.
There is a short but very interesting interview with one of the authors
on a BBC Science radio programme "Leading Edge" on 31 Mar 2005 that can
be accessed at:
http://www.bbc.co.uk/radio4/science/leadingedge.shtml
(Click on the "Listen Again" link - requires RealOne player, interview
starts at around 3:15 minutes or so; this link is will only be active
for the following week - after that the programme should be accessible
from the archives)
--Leo
Full article at:
http://www.sciencemag.org/cgi/content/short/308/5718/78
Title and abstract below:
Getting to Know You: Reputation and Trust in a Two-Person Economic
Exchange
Brooks King-Casas,1 Damon Tomlin,1 Cedric Anen,3 Colin F. Camerer,3
Steven R. Quartz,3 P. Read Montague1,2*
Using a multiround version of an economic exchange (trust game), we
report that reciprocity expressed by one player strongly predicts
future trust expressed by their partner—a behavioral finding mirrored
by neural responses in the dorsal striatum. Here, analyses within and
between brains revealed two signals—one encoded by response magnitude,
and the other by response timing. Response magnitude correlated with
the "intention to trust" on the next play of the game, and the peak of
these "intention to trust" responses shifted its time of occurrence by
14 seconds as player reputations developed. This temporal transfer
resembles a similar shift of reward prediction errors common to
reinforcement learning models, but in the context of a social exchange.
These data extend previous model-based functional magnetic resonance
imaging studies into the social domain and broaden our view of the
spectrum of functions implemented by the dorsal striatum.