ArticleBehavioral neuroscience2021
The case against economic values in the orbitofrontal cortex (or anywhere else in the brain).
Article in Behavioral neuroscience, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 59 papers.
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Who cites it
59 citing papers in PubMed.
- Neurobehavioral differences in value-based decision making between people with cocaine use disorder and controls.Experimental and clinical psychopharmacology · 2026Article
- Representations of the intrinsic value of information in mouse orbitofrontal cortex.Nature neuroscience · 2026Article
- Context induces distortions in value representations across multiple elicitation methods and learning modalities.Nature communications · 2026Article
- The case for value as a common currency in decision-making and intersystem competition.Frontiers in cognition · 2026Article
- Phenomenal interface theory: a model for basal consciousness.Philosophical transactions of the Royal Society of London. Series B, Biological sciences · 2025Article
- Article
- The interoceptive origin of reinforcement learning.Trends in cognitive sciences · 2025Review
- Interpretation of individual differences in computational neuroscience using a latent input approach.Developmental cognitive neuroscience · 2025Review
- Neural mechanisms for the attention-mediated propagation of conceptual information in the human brain.PLoS biology · 2025Article
- The attraction effect in perceptual decision-making: a case of dominance asymmetry.Frontiers in psychology · 2025Article
- Representation of Anticipated Rewards and Punishments in the Human Brain.Annual review of psychology · 2025Review
- Exploring the link between anticipatory outcome encoding in the brain and goal-directed behavior during outcome devaluation.Imaging neuroscience (Cambridge, Mass.) · 2025Article
- A multi-measurement study of the relation between deliberation and volition.Neuroscience of consciousness · 2025Article
- The affective gradient hypothesis: an affect-centered account of motivated behavior.Trends in cognitive sciences · 2024Review
- Subthalamic control of impulsive actions: insights from deep brain stimulation in Parkinson's disease.Brain : a journal of neurology · 2024Review
- Incomparability and Incommensurability in Choice: No Common Currency of Value?Perspectives on psychological science : a journal of the Association for Psychological Science · 2024Article
- Semi-orthogonal subspaces for value mediate a binding and generalization trade-off.Nature neuroscience · 2024Article
- Learning to express reward prediction error-like dopaminergic activity requires plastic representations of time.Nature communications · 2024Article
- Valuations of target items are drawn towards unavailable decoy items due to prior expectations.PNAS nexus · 2024Article
- The date/delay effect in intertemporal choice: A combined fMRI and eye-tracking study.Human brain mapping · 2024Article
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2 authors.
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Abstract
Much of traditional neuroeconomics proceeds from the hypothesis that value is reified in the brain, that is, that there are neurons or brain regions whose responses serve the discrete purpose of encoding value. This hypothesis is supported by the finding that the activity of many neurons covaries with subjective value as estimated in specific tasks, and has led to the idea that the primary function of the orbitofrontal cortex is to compute and signal economic value. Here we consider an alternative: That economic value, in the cardinal, common-currency sense, is not represented in the brain and used for choice by default. This idea is motivated by consideration of the economic concept of value, which places important epistemic constraints on our ability to identify its neural basis. It is also motivated by the behavioral economics literature, especially work on heuristics, which proposes value-free process models for much if not all of choice. Finally, it is buoyed by recent neural and behavioral findings regarding how animals and humans learn to choose between options. In light of our hypothesis, we critically reevaluate putative neural evidence for the representation of value and explore an alternative: direct learning of action policies. We delineate how this alternative can provide a robust account of behavior that concords with existing empirical data. (PsycInfo Database Record (c) 2021 APA, all rights reserved).
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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.