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Updated: May 8, 2026

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Combined Transcranial Magnetic Stimulation and Electroencephalography of the Dorsolateral Prefrontal Cortex
Published on: August 17, 2018
Understanding loss aversion by using tDCS stimulation on DLPFC and multiple ERP measures: A tDCS-EEG study
Jia Jin1,2, Lu Dai1, Zhongfeng Wang1
1Key Laboratory of Brain-Machine Intelligence for Information Behavior (Ministry of Education and Shanghai), School of Business and Management, Shanghai International Studies University, Shanghai, China.
Cognitive, Affective & Behavioral Neuroscience
|May 6, 2026
Summary
Right brain stimulation using transcranial direct current stimulation (tDCS) reduces risky decision-making by increasing loss aversion. This highlights the right dorsolateral prefrontal cortex (DLPFC) role in processing financial losses.
Area of Science:
- Neuroscience
- Cognitive Psychology
- Decision Science
Background:
- Loss aversion significantly impacts risky decision-making, but its neural mechanisms are not fully understood.
- The specific role of the dorsolateral prefrontal cortex (DLPFC) in loss aversion requires further elucidation.
- Understanding the neural basis of loss aversion is crucial for fields ranging from behavioral economics to clinical psychology.
Purpose of the Study:
- To investigate the functional relationship between the dorsolateral prefrontal cortex (DLPFC) and loss aversion.
- To comprehensively explore the neural underpinnings of loss aversion using electroencephalogram (EEG).
- To provide neural evidence for the functional effects of DLPFC stimulation on loss aversion.
Main Methods:
- Utilized bihemispheric transcranial direct current stimulation (tDCS) targeting the bilateral DLPFC in 25 healthy subjects.
- Administered three stimulation conditions: right anodal/left cathodal, left anodal/right cathodal, and sham stimulation.
- Recorded electroencephalogram (EEG) during a mixed gamble task performed post-stimulation.
Main Results:
- Right-sided DLPFC stimulation significantly reduced gamble acceptance rates and increased loss aversion coefficients compared to sham and left-sided stimulation.
- EEG analysis revealed enhanced feedback-related negativity difference (d-FRN) following right-sided stimulation.
- No significant effect on error-related negativity (ERN) was observed, suggesting a specific modulation of loss processing.
Conclusions:
- The right dorsolateral prefrontal cortex (DLPFC) plays a key role in driving loss aversion.
- Right DLPFC modulation increases sensitivity to potential losses and influences emotional responses to negative outcomes.
- These findings offer critical insights into the neural circuitry underlying decision-making under risk.
Keywords:
Dorsolateral prefrontal cortexEvent-related potentialFeedback-related negativityLoss aversionTranscranial direct current stimulation
