Related Experiment Video
Updated: Aug 15, 2025

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
Age-related differences in ERP correlates of value-based decision making
Poyu Chen1, Hsin-Yi Hung2, Joshua Oon Soo Goh3
1Department of Occupational Therapy and Graduate Institute of Behavioral Sciences, Chang Gung University, Taoyuan, Taiwan; Department of Orthopedic Surgery, Taoyuan Chang Gung Memorial Hospital, Taoyuan, Taiwan; Healthy Aging Research Center, Chang Gung University, Taoyuan, Taiwan; Graduate Institute of Brain and Mind Sciences, College of Medicine, National Taiwan University, Taipei, Taiwan.
Older adults exhibit distinct neural processing of value during decision-making, showing increased risk-taking due to altered early neural responses and heightened subjective uncertainty. This impacts how they evaluate potential rewards and losses.
Area of Science:
- Neuroscience
- Cognitive Psychology
- Decision Science
Background:
- Aging affects cognitive functions, including decision-making and neural processing of value.
- Understanding age-related neural differences is crucial for explaining behavioral changes in older adults.
Purpose of the Study:
- To investigate age-related differences in the temporal dynamics of neural processing during value-based decision-making.
- To compare brain activity patterns between younger and older adults using event-related potentials (ERPs).
Main Methods:
- A lottery-choice task was employed to assess decision-making behavior.
- Event-related potentials (ERPs) were recorded to analyze neural activity during choice and outcome phases.
- Analysis focused on specific ERP components like P2, P3, feedback-related negativity, and late parietal positivity.
Main Results:
- Older adults accepted more losing stakes, indicating higher risk-taking behavior.
- Neural responses differed, with younger adults showing a clearer P3 amplitude increase with win probability, while older adults displayed altered P2 and P3 patterns.
- Both groups demonstrated intact reward prediction error signaling, but older adults showed more complex feedback-P3 responses to expectancy violations.
Conclusions:
- Age-related differences in neural processing of value, particularly reduced early sensory processing and increased reliance on subjective factors, may explain increased risk-taking in older adults.
- Older adults may experience greater subjective uncertainty in reward expectations, influencing their decisions.
More Related Videos
09:01A Method for Investigating Age-related Differences in the Functional Connectivity of Cognitive Control Networks Associated with Dimensional Change Card Sort Performance
Published on: May 7, 2014
13:04Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Related Concept Videos
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...
Decision Making: Traditional Method
First, a specific claim about the population parameter is decided based on the research question and is stated in a simple form. Further, an opposing statement to this claim is also stated. These statements can act as null and alternative hypotheses, out of which a null hypothesis would be a...
Decision Making
Automatic decision-making is fast, intuitive, and relies on gut feelings...
Cognitive Development During Adulthood
Lazarus's Cognitive Appraisal Theory
Primary Appraisal:...
Reason and Intuition