Transcranial direct current stimulation changes human endowment effect

Neuroscience Research

Volumn 76, Issue 4, 2013, Pages 251-256

  Votinov, Mikhail ^a,b   Aso, Toshihiko ^a   Koganemaru, Satoko ^a   Fukuyama, Hidenao ^a   Mima, Tatsuya ^a  

^a KYOTO UNIVERSITY GRADUATE SCHOOL OF MEDICINE   (Japan)

^b UNIVERSITY OF VIENNA   (Austria)

Author keywords

Brain stimulation; Endowment effect; Right inferior frontal gyrus; Transcranial direct current stimulation

Indexed keywords

ADULT; ARTICLE; AVERSION; BEHAVIOR; CONTROLLED STUDY; ELECTROENCEPHALOGRAM; ENDOWMENT; FEMALE; HUMAN; HUMAN EXPERIMENT; INFERIOR FRONTAL GYRUS; MALE; NERVOUS SYSTEM PARAMETERS; NORMAL HUMAN; ORGANIZATION AND MANAGEMENT; PATIENT PARTICIPATION; PRIORITY JOURNAL; REACTION TIME; TRANSCRANIAL DIRECT CURRENT STIMULATION;

BRAIN STIMULATION; ENDOWMENT EFFECT; RIGHT INFERIOR FRONTAL GYRUS; TRANSCRANIAL DIRECT-CURRENT STIMULATION;

ADOLESCENT; ADULT; ELECTRIC STIMULATION; EVOKED POTENTIALS, MOTOR; FEMALE; FRONTAL LOBE; FUNCTIONAL LATERALITY; HUMANS; MALE; REACTION TIME; REWARD; TRANSCRANIAL MAGNETIC STIMULATION; YOUNG ADULT;

EID: 84880635772     PISSN: 01680102     EISSN: 18728111     Source Type: Journal    
DOI: 10.1016/j.neures.2013.05.007     Document Type: Article

References (50)

1. Ariely D., Huber J., Wertenbroch K. When do losses loom larger than gains?. J. Market. Res. 2005, 42(2):134-138.
2. Boggio P.S., Castro L.O., Savagim E.A., Braite R., Cruz V.C., Rocha R.R., Rigonatti S.P., Silva M.T.A., Fregni F. Enhancement of non-dominant hand motor function by anodal transcranial direct current stimulation?. Neurosci. Lett. 2006, 404(1-2):232-236.
3. Boggio P.S., Ferrucci R., Rigonatti S.P., Covre P., Nitsche M., Pascual-Leone A., Fregni F. Effects of transcranial direct current stimulation on working memory in patients with Parkinson's disease. J. Neurol. Sci. 2006, 249(1):31-38.
4. Boggio P.S., Liguori P., Sultani N., Rezende L., Fecteau S., Fregni F. Cumulative priming effects of cortical stimulation on smoking cue-induced craving. Neurosci. Lett. 2009, 463(1):82-86.
5. Boggio P.S., Sultani N., Fecteau S., Merabet L., Mecca T., Pascual-Leone A., Basaglia A., Fregni F. Prefrontal cortex modulation using transcranial DC stimulation reduces alcohol craving: a double-blind, sham-controlled study. Drug Alcohol Depend. 2008, 92(1-3):55-60.
6. Boggio P.S., Zaghi S., Fregni F. Modulation of emotions associated with images of human pain using anodal transcranial direct current stimulation (tDCS). Neuropsychologia 2009, 47(1):212-217.
7. Boggio P.S., Zaghi S., Villani A.B., Fecteau S., Pascual-Leone A., Fregni F. Modulation of risk-taking in marijuana users by transcranial direct current stimulation (tDCS) of the dorsolateral prefrontal cortex (DLPFC). Drug Alcohol Depend. 2010, 112(3):220-225.
8. Brookshire D.S., Coursey D.L. Measuring the value of a public good: an empirical comparison of elicitation procedures. Am. Econ. Rev. 1987, 77:554-566.
9. Brunoni A.R., Nitsche M.A., Bolognini N., Bikson M., Wagner T., Merabet L., Edwards D.J., Valero-Cabre A., Rotenberg A., Pascual-Leone A., Ferrucci R., Priori A., Boggio P.S., Fregni F. Clinical research with transcranial direct current stimulation (tDCS): Challenges and future directions. Brain Stimulation 2012, 5(3):175-195.
10. Camille N., Griffiths C.A., Vo K., Fellows L.K., Kable J.W. Ventromedial frontal lobe damage disrupts value maximization in humans. J. Neurosci. 2011, 31(20):7527-7532.
11. Christopoulos G.I., Tobler P.N., Bossaerts P., Dolan R.J., Schultz W. Neural correlates of value, risk, and risk aversion contributing to decision making under risk. J. Neurosci. 2009, 29(40):12574-12583.
12. Coase R.H. The problem of social cost. J. Law Econ. 1960, 3:1-44.
13. De Martino B., Kumaran D., Holt B., Dolan R.J. The neurobiology of reference-dependent value computation. J. Neurosci. 2009, 29(12):3833-3842.
14. Fecteau S., Boggio P.S., Ferreira M., Pascual-Leone A., Theoret H., Fregni F. Improved deceptive skills by modulating activity in the prefrontal cortex. Brain Stimulation 2008, 1(3):301.
15. Fecteau S., Knoch D., Fregni F., Sultani N., Boggio P., Pascual-Leone A. Diminishing risk-taking behavior by modulating activity in the prefrontal cortex: a direct current stimulation study. J. Neurosci. 2007, 27(46):12500-12505.
16. Fecteau S., Pascual-Leone A., Zald D.H., Liguori P., Théoret H., Boggio P.S., Fregni F. Activation of prefrontal cortex by transcranial direct current stimulation reduces appetite for risk during ambiguous decision making. J. Neurosci. 2007, 27(23):6212-6218.
17. Feil J., Zangen A. Brain stimulation in the study and treatment of addiction. Neurosci. Biobehav. Rev. 2010, 34(4):559-574.
18. Fregni F., Liguori P., Fecteau S., Nitsche M.A., Pascual-Leone A., Boggio P.S. Cortical stimulation of the prefrontal cortex with transcranial direct current stimulation reduces cue-provoked smoking craving: a randomized, sham-controlled study. J. Clin. Psychiatry 2008, 69(1):32-40.
19. Fregni F., Orsati F., Pedrosa W., Fecteau S., Tome F.A.M., Nitsche M.A., Mecca T., Macedo E.C., Pascual-Leone A., Boggio P.S. Transcranial direct current stimulation of the prefrontal cortex modulates the desire for specific foods. Appetite 2008, 51(1):34-41.
20. Fukunaga R., Brown J., Bogg T. Decision making in the Balloon Analogue Risk Task (BART): anterior cingulate cortex signals loss aversion but not the infrequency of risky choices. Cogn. Affect. Behav. Neurosci. 2012, 12(3):479-490.
21. Gandiga P.C., Hummel F.C., Cohen L.G. Transcranial DC stimulation (tDCS): a tool for double-blind sham-controlled clinical studies in brain stimulation. Clin. Neurophysiol. 2006, 117(4):845-850.
22. George M.S., Padberg F., Schlaepfer T.E., O'Reardon J.P., Fitzgerald P.B., Nahas Z.H., Marcolin M.A. Controversy: repetitive transcranial magnetic stimulation or transcranial direct current stimulation shows efficacy in treating psychiatric diseases (depression, mania, schizophrenia, obsessive-compulsive disorder, panic, posttraumatic stress disorder). Brain Stimulation 2009, 2(1):14-21.
23. Hare T.A., Camerer C.F., Knoepfle D.T., O'Doherty J.P., Rangel A. Value computations in ventral medial prefrontal cortex during charitable decision making incorporate input from regions involved in social cognition. J. Neurosci. 2010, 30(2):583-590.
24. Hare T.A., Camerer C.F., Rangel A. Self-control in decision-making involves modulation of the vmPFC valuation system. NeuroImage 2009, 47(Suppl. 1):S95.
25. Hare T.A., O'Doherty J., Camerer C.F., Schultz W., Rangel A. Dissociating the role of the orbitofrontal cortex and the striatum in the computation of goal values and prediction errors. J. Neurosci. 2008, 28(22):5623-5630.
26. Kahneman D., Knetsch J.L., Thaler R.H. Experimental tests of the endowment effect and the Coase theorem. J. Pol. Econ. 1990, 98(6):1325-1348.
27. Kahneman D., Knetsch J.L., Thaler R.H. Anomalies: the endowment effect, loss aversion, and status quo bias. J. Econ. Perspect. 1991, 5(1):193-206.
28. Knetsch J.L. The endowment effect and evidence of nonreversible indifference curves. Am. Econ. Rev. 1989, 79(5):1277-1284.
29. Knetsch J.L., Sinden J.A. Willingness to pay and compensation demanded: experimental evidence of an unexpected disparity in measures of value. Quart. J. Econ. 1984, 99(3):507-521.
30. Knoch D., Pascual-Leone A., Meyer K., Treyer V., Fehr E. Diminishing reciprocal fairness by disrupting the right prefrontal cortex. Science 2006, 314(5800):829-832.
31. Knutson B., Wimmer G.E., Rick S., Hollon N.G., Prelec D., Loewenstein G. Neural antecedents of the endowment effect. Neuron 2008, 58(5):814-822.
32. Kwon Y.H., Ko M.-H., Ahn S.H., Kim Y.-H., Song J.C., Lee C.-H., Chang M.C., Jang S.H. Primary motor cortex activation by transcranial direct current stimulation in the human brain. Neurosci. Lett. 2008, 435(1):56-59.
33. Liuzzi G., Freundlieb N., Ridder V., Hoppe J., Heise K., Zimerman M., Dobel C., Enriquez-Geppert S., Gerloff C., Zwitserlood P., Hummel F.C. The involvement of the left motor cortex in learning of a novel action word lexicon. Current Biol. 2010, 20(19):1745-1751.
34. Nitsche Ma., Cohen L.G., Wassermann E.M., Priori A., Lang N., Antal A., Paulus W., Hummel F., Boggio P.S., Fregni F., Pascual-Leone A. Transcranial direct current stimulation: state of the art 2008. Brain Stimulation 2008, 1(3):206-223.
35. Nitsche M.A., Liebetanz D., Lang N., Antal A., Tergau F., Paulus W. Safety criteria for transcranial direct current stimulation (tDCS) in humans. Clin. Neurophysiol. 2003, 114(11):2220-2222.
36. Nitsche M.A., Niehaus L., Hoffmann K.T., Hengst S., Liebetanz D., Paulus W., Meyer B.U. MRI study of human brain exposed to weak direct current stimulation of the frontal cortex. Clin. Neurophysiol. 2004, 115(10):2419-2423.
37. Nitsche M.A., Nitsche M.S., Klein C.C., Tergau F., Rothwell J.C., Paulus W. Level of action of cathodal DC polarisation induced inhibition of the human motor cortex. Clin. Neurophysiol. 2003, 114(4):600-604.
38. Nitsche M.A., Paulus W. Excitability changes induced in the human motor cortex by weak transcranial direct current stimulation. J. Physiol. 2000, 527(3):633-639.
39. Nitsche M.A., Paulus W. Sustained excitability elevations induced by transcranial DC motor cortex stimulation in humans. Neurology 2001, 57(10):1899-1901.
40. Oldfield R.C. The assessment and analysis of handedness: the Edinburgh inventory. Neuropsychologia 1971, 9(1):97-113.
41. Plassmann H., O'Doherty J., Rangel A. Orbitofrontal cortex encodes willingness to pay in everyday economic transactions. J. Neurosci. 2007, 27(37):9984-9988.
42. Poreisz C., Boros K., Antal A., Paulus W. Safety aspects of transcranial direct current stimulation concerning healthy subjects and patients?. Brain Res. Bull. 2007, 72(4-6):208-214.
43. Priori A., Hallett M., Rothwell J.C. Repetitive transcranial magnetic stimulation or transcranial direct current stimulation?. Brain Stimulation 2009, 2(4):241-245.
44. Priori A., Mameli F., Cogiamanian F., Marceglia S., Tiriticco M., Mrakic-Sposta S., Ferrucci R., Zago S., Polezzi D., Sartori G. Lie-specific involvement of dorsolateral prefrontal cortex in deception. Cereb. Cortex 2008, 18(2):451-455.
45. Simon H.A. A behavioral model of rational choice. Quart. J. Econ. 1955, 69:99-118.
46. Sparing R., Dafotakis M., Meister I.G., Thirugnanasambandam N., Fink G.R. Enhancing language performance with non-invasive brain stimulation - a transcranial direct current stimulation study in healthy humans. Neuropsychologia 2008, 46(1):261-268.
47. Thaler R. Toward a positive theory of consumer choice. J. Econ. Behav. Organ. 1980, 1(1):39-60.
48. Tobler P.N., Christopoulos G.I., O'Doherty J.P., Dolan R.J., Schultz W. Risk-dependent reward value signal in human prefrontal cortex. Proc. Natl. Acad. Sci. U.S.A. 2009, 106(17):7185-7190.
49. Votinov M., Mima T., Aso T., Abe M., Sawamoto N., Shinozaki J., Fukuyama H. The neural correlates of endowment effect without economic transaction. Neurosci. Res. 2010, 68(1):59-65.
50. Weber B., Aholt A., Neuhaus C., Trautner P., Elger C.E., Teichert T. Neural evidence for reference-dependence in real-market-transactions. Neuroimage 2007, 35(1):441-447.