Related Experiment Video
Updated: Jun 12, 2026

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
Published on: August 25, 2023
Temporal dynamics of prediction error processing during reward-based decision making.
Marios G Philiastides1, Guido Biele, Niki Vavatzanidis
1Max Planck Institute for Human Development, Berlin, 14195, Germany; Max Planck Institute for Human Cognitive & Brain Sciences, Leipzig, 04303, Germany. marios.philiastides@gmail.com
Adaptive decision-making relies on understanding rewards. This study reveals the brain first categorizes outcomes by valence, then quantifies prediction error (PE) magnitude, crucial for learning and updating reward expectations.
Area of Science:
- Neuroscience
- Cognitive Science
- Computational Neuroscience
Background:
- Adaptive decision-making requires accurate reward representations.
- Reinforcement learning (RL) uses prediction error (PE) to update reward expectations.
- Previous EEG studies noted feedback-related potentials in performance monitoring but lacked temporal detail.
Purpose of the Study:
- To investigate the temporal sequence of feedback processing in reward-based decision-making.
- To clarify the specific role of feedback-related potentials (FRPs) in learning reward contingencies.
- To test the hypothesis that feedback processing involves sequential valence evaluation and PE magnitude representation.
Main Methods:
- Model-based single-trial analysis of EEG data.
- Utilized a reversal learning task.
- Employed prediction errors derived from a reinforcement learning model.
Main Results:
- Feedback outcomes are evaluated categorically by valence around 220ms post-feedback.
- Quantitative representation of prediction error (PE) magnitude emerges around 300ms, in parallel with valence evaluation.
- Feedback-related potentials reflect quantitative PE information crucial for learning, not just error awareness.
Conclusions:
- Brain processing of feedback is temporally organized, starting with valence and followed by PE magnitude.
- This sequential processing provides comprehensive information for updating reward expectations and guiding adaptive decisions.
- Feedback-related potentials are key neural signals carrying quantitative learning information in RL.
Related Concept Videos
Timing and Consequences on Behavior
Humans, however, can respond to delayed reinforcers. We often make decisions between immediate small rewards and delayed larger rewards. This ability to delay gratification is a significant factor...
Hindsight Biases
Reason and Intuition
Decision Making
Automatic decision-making is fast, intuitive, and relies on gut feelings...
Decision Making: P-value Method
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim is also stated. These statements can act as null and alternative hypotheses: a null hypothesis would be a neutral statement while the alternative hypothesis can have a...

