Attitude toward money modulates outcome processing: An ERP study

Social Neuroscience

Volumn 8, Issue 1, 2013, Pages 43-51

  Jia, Shiwei ^a   Zhang, Wenxin ^a   Li, Peng ^b   Feng, Tingyong ^c   Li, Hong ^b  

^a SHANDONG NORMAL UNIVERSITY   (China)

^b LIAONING NORMAL UNIVERSITY   (China)

^c SOUTHWEST UNIVERSITY   (China)

Author keywords

Feedback related negativity; Individual differences; Monetary attitude; Outcome processing; P3

Indexed keywords

ADULT; ARTICLE; ATTITUDE; BRAIN MAPPING; ELECTROENCEPHALOGRAPHY; EVOKED RESPONSE; FEMALE; HIGH RISK BEHAVIOR; HUMAN; MALE; PHYSIOLOGY; REWARD;

ATTITUDE; BRAIN MAPPING; ELECTROENCEPHALOGRAPHY; EVOKED POTENTIALS; FEMALE; HUMANS; MALE; REWARD; RISK-TAKING; YOUNG ADULT;

MLCS; MLOWN;

EID: 84872585920     PISSN: 17470919     EISSN: 17470927     Source Type: Journal    
DOI: 10.1080/17470919.2012.713316     Document Type: Article

References (39)

1. Ajzen, I. and Fishbein, M. 1977. Attitude-behavior relations: A theoretical analysis and review of empirical research. Psychological Bulletin, 84: 888-918.
2. Baker, T. E. and Holroyd, C. B. 2011. Dissociated roles of the anterior cingulate cortex in reward and conflict processing as revealed by feedback error-related negativity and N200. Biological Psychology, 87: 25-34.
3. Du, L. Z. and Tang, T. L. P. 2005. Measurement invariance across gender and major: The love of money among university students in People's Republic of China. Journal of Business Ethics, 59: 281-293.
4. Foti, D. and Hajcak, G. 2009. Depression and reduced sensitivity to non-rewards versus rewards: Evidence from event-related potentials. Biological Psychology, 81(1): 1-8.
5. Gehring, W. J. and Willoughby, A. R. 2002. The medial frontal cortex and the rapid processing of monetary gains and losses. Science, 295: 2279-2282.
6. Gratton, G., Coles, M. G. and Donchin, E. 1983. A new method for off-line removal of ocular artifact. Electroencephalography and Clinical Neurophysiology, 55: 468-484.
7. Gray, H. M., Ambady, N., Lowenthal, W. T. and Deldin, P. 2004. P300 as an index of attention to self-relevant stimuli. Journal of Experimental Social Psychology, 40: 216-224.
8. Gu, R. L., Ge, Y., Jiang, Y. and Luo, Y. J. 2010. Anxiety and outcome evaluation: The good, the bad and the ambiguous. Biological Psychology, 85: 200-206.
9. Hajcak, G., Holroyd, C. B., Moser, J. S. and Simons, R. F. 2005. Brain potentials associated with expected and unexpected good and bad outcomes. Psychophysiology, 42(2): 161-170.
10. Hewig, J., Kretschmer, N., Trippe, R. H., Hecht, H., Coles, M. G. H., Holroyd, C. B. and Miltner, W. H. R. 2010. Hypersensitivity to reward in problem gamblers. Biological Psychiatry, 67: 781-783.
11. Hirsh, J. B. and Inzlicht, M. 2008. The devil you know: Neuroticism predicts neural response to uncertainty. Psychological Science, 19(10): 962-967.
12. Holroyd, C. B. and Coles, M. 2002. The neural basis of human error processing: Reinforcement learning, dopamine, and the error-related negativity. Psychological Review, 109: 679-709.
13. Holroyd, C. B. and Krigolson, O. E. 2007. Reward prediction error signals associated with a modified time estimation task. Psychophysiology, 44: 913-917.
14. Holroyd, C., Krigolson, O. and Lee, S. 2011. Reward positivity elicited by predictive cues. NeuroReport, 22: 249-252.
15. Holroyd, C. B., Nieuwenhuis, S., Yeung, N. and Cohen, J. D. 2003. Errors in reward prediction are reflected in the event-related brain potential. NeuroReport, 14: 2481-2484.
16. Holroyd, C. B., Nieuwenhuis, S., Yeung, N., Nystrom, L., Mars, R., Coles, M. G. H. and Cohen, J. D. 2004. Dorsal anterior cingulate cortex shows fMRI response to internal and external error signals. Nature Neuroscience, 7: 497-498.
17. Holroyd, C. B., Pakzad-Vaezi, K. L. and Krigolson, O. E. 2008. The feedback correct-related positivity: Sensitivity of the event-related brain potential to unexpected positive feedback. Psychophysiology, 45: 688-697.
18. Kahneman, D. and Tversky, A. 1979. Prospect Theory: An analysis of decision under risk. Econometrica, 47(2): 263-292.
19. Leng, Y. and Zhou, X. 2010. Modulation of the brain activity in outcome evaluation by interpersonal relationship: An ERP study. Neuropsychologia, 48: 448-455.
20. Li, P., Han, C., Lei, Y., Holroyd, C. B. and Li, H. 2011. Responsibility modulates neural mechanisms of outcome processing: An ERP study. Psychophysiology, 48: 1129-1133.
21. Li, P., Jia, S. W., Feng, T. Y., Liu, Q., Suo, T. and Li, H. 2010. The influence of the diffusion of responsibility effect on outcome evaluations: Electrophysiological evidence from an ERP study. NeuroImage, 52: 1727-1733.
22. Martin, L. E. and Potts, G. F. 2004. Reward sensitivity in impulsivity. NeuroReport, 15: 1519-1522.
23. Miltner, W., Braun, C. and Coles, M. 1997. Event-related brain potentials following incorrect feedback in a time estimation task: Evidence for a "Generic" neural system for error detection. Journal of Cognitive Neuroscience, 9: 788-798.
24. Mitchell, T. R. and Micke, A. E. 1999. The meaning of money: An individual difference perspective. Academy of Management Review, 24(3): 568-578.
25. Nieuwenhuis, S., Aston-Jones, G. and Cohen, J. D. 2005. Decision making, the P3, and the locus coeruleus-norepinephrine system. Psychological Bulletin, 131: 510-532.
26. Nieuwenhuis, S., Holroyd, C. B., Mol, N. and Coles, M. G. H. 2004a. Reinforcement-related brain potentials from medial frontal cortex: Origins and functional significance. Neuroscience & Biobehavioral Reviews, 28: 441-448.
27. Nieuwenhuis, S., Yeung, N., Holroyd, C. B., Schurger, A. and Cohen, J. D. 2004b. Sensitivity of electrophysiological activity from medial frontal cortex to utilitarian and performance feedback. Cerebral Cortex, 14: 741-747.
28. Polich, J. 2007. Updating P300: An integrative theory of P3a and P3b. Clinical Neurophysiology, 118(10): 2128-2148.
29. Sato, A., Yasuda, A., Ohira, H., Miyawaki, K., Nishi-Kawa, M., Kumano, H. and Kuboki, T. 2005. Effects of value and reward magnitude on feedback negativity and P3. NeuroReport, 16: 407-412.
30. Smillie, L. D., Cooper, A. and Pickering, A. D. 2011. Individual differences in reward-prediction-error: Extraversion and feedback-related negativity. Social Cognitive and Affective Neuroscience, 6: 646-652.
31. Tang, T. L. P. 1992. The meaning of money revisited. Journal of Organizational Behavior, 13: 197-202.
32. Tang, T. L. P., Kim, J. K. and Tang, D. S. H. 2000. Does attitude toward money moderate the relationship between intrinsic job satisfaction and voluntary turnover?. Human Relations, 53(2): 213-245.
33. Tang, T. L. P., Sutarso, T., Akande, A., Allen, M. W., Alzubaidi, A. S., Ansari, M. A. and Vlerick, P. 2006. The love of money and pay level satisfaction: Measurement and functional equivalence in 29 geopolitical entities around the world. Management and Organization Review, 2(3): 423-452.
34. The American Freshman. 1994. Higher education research institute, Los Angeles, CA: University of California.
35. Thorndike, E. L. 1970. "Laws and hypotheses for behavior". In Animal intelligence, Edited by: Thorndike, E. L. 241-281. Darien, CT: Hafner Publishing Co. Original work published 1911
36. Wu, Y. and Zhou, X. 2009. The P3 and reward valence, magnitude, and expectancy in outcome evaluation. Brain Research, 1286: 114-122.
37. Yeung, N., Holroyd, C. B. and Cohen, J. D. 2005. ERP correlates of feedback and reward processing in the presence and absence of response choice. Cerebral Cortex, 15: 535-544.
38. Yeung, N. and Sanfey, A. G. 2004. Independent coding of reward magnitude and valence in the human brain. Journal of neuroscience, 24: 6258-6264.
39. Zhou, Z., Yu, R. and Zhou, X. 2010. To do or not to do? Action enlarges the FRN and P3 effects in outcome evaluation. Neuropsychologia, 48: 3606-3613.