Related Experiment Video
Updated: Nov 5, 2025

13:04
Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
12.2K
Resting-State Theta Oscillations and Reward Sensitivity in Risk Taking
Maria Azanova1,2, Maria Herrojo Ruiz3,4, Alexis V Belianin4,5
1Max Planck School of Cognition, Max Planck Institute for Human Cognitive and Brain Sciences, Leipzig, Germany.
Frontiers in Neuroscience
|May 17, 2021
Summary
Resting-state theta oscillations in the anterior cingulate cortex are linked to reward sensitivity, potentially explaining sex differences in risk-taking behavior. This study explored neurobiological factors influencing risk aversion in males and females.
Area of Science:
- Neuroscience
- Cognitive Psychology
- Neuroimaging
Background:
- Females generally exhibit higher risk aversion than males, but the neurobiological underpinnings remain largely unknown.
- Understanding sex differences in risk-taking is crucial for various fields, including economics and behavioral science.
Purpose of the Study:
- To investigate the relationship between resting-state theta oscillations and different measures of risk-taking behavior.
- To explore potential neurobiological mechanisms, specifically frontal theta asymmetry and power, underlying sex differences in risk aversion.
Main Methods:
- Magnetoencephalography (MEG) was used to record resting-state brain activity, focusing on theta oscillations (4-7 Hz).
- Participants (N=35, 15 females) completed the Bomb Risk Elicitation Task (BRET), Domain-Specific Risk-Taking Scale (DOSPERT), and Barratt Impulsiveness Scale (BIS11).
- Analysis focused on frontal theta asymmetry, frontal theta power, risk-taking during the BRET, and self-reported risk attitudes and sensitivities.
Main Results:
- Frontal theta asymmetry correlated with risk-taking in females only.
- Frontal theta power correlated with risk-taking and reward/punishment sensitivity in the overall sample.
- Reward sensitivity mediated the link between anterior cingulate cortex theta power and risk-taking.
- Significant sex differences were found in theta power, risk-taking, and reward sensitivity.
Conclusions:
- Resting-state theta oscillations in the anterior cingulate cortex are associated with reward sensitivity.
- Reward sensitivity, modulated by theta oscillations, may be a key factor contributing to sex differences in risk-taking behavior.
- These findings provide neurobiological insights into why females may be more risk-averse than males.
Keywords:
domain-specific risk-taking scalefrontal asymmetrymagnetoencephalagraphyreward sensitivityrisk takingsex differencesspontaneous neural activitytheta oscillations
