The Proces of Multidimensional Decisin-Making Research with Emphasis on the Mediodorsal Thalamus and Prefrontal Cortex
Downloads
The scope of this paper is based on the existing literature which discusses the various decision-making processes in terms of scientific theories including economics, neuroscience, mathematics, quantum physics, while reflecting on the on the role mediodorsal thalamus and prefrontal cortex in working memory. Using the multidisciplinary approach to investigating how the brain works in terms of obtaining new knowledge, of continuous sophisticated global information, the importance of interaction between mediodorsal thalamus and prefrontal cortex during decision-making. How strong are the links between information on mediodorsal thalamus (MD) and prefrontal cortex (mPFC) in making investment decisions. Magnocellular division into medio dorsal thalamus (MDmc) is important for learning new information. The Medio dorsal thalamus (MD) contributes to adaptability in decision making. Prerequisites indicate that cognitive processes are managed by prefrontal cortex (PFC) and median temporal limbs, indicating their importance in cognitive processes.
Arkes H, Hutzel L. 2000. The role of probability of success estimates in the sunk cost effect. J Behav Decis Mak. 13: 295-306.
Arkes HR, Blumer C. 1985. The psychology of sunk cost. Organ Behav Hum Decis Process. 35: 124-140.
Baddeley, A. (2003). Working memory: Looking back and looking forward. Nat. Rev. Neurosci. 4, 829-839. doi: 10.1038 / nrn1201.
Brainard, W. C and Tobin, J., (1968), "Pitfalls in Financial Model Building", American Economic Review, vol. 58, no. 2, 99-122.
BB Mandelbrot, A. Fisher and L. Calvet, A Multifractal Model of Asset Returns, Cowles Foundation Discussion Papers: 1164, 1997.
BB Mandelbrot, Fractals and Scaling in Finance, Springer, USA, 1997.
BB Mandelbrot and RL Hudson, The (Mis) Behavior of Markets: A Fractal View of Risk, Ruin and Reward, Basic Books, USA, 2004.
Blakemore, S.-J., Robbins, TW, 2012. Decision-making in adolescent brain. Nat. Neurosci. 15, 1184-1191.
de Martino, B., Kumaran, D., Seymour, B., Dolan, RJ, 2006. Frames, biases, and rational decision-making in the human brain. Science 313, 684-687
D'Esposito, M., and Postle, BR (1999). The dependence of span and delayed-response performance on prefrontal cortex. Neuropsychologia 37, 1303-1315. doi: 10.1016 / s0028-3932 (99) 00021-4
Ester EF, Sprague TC, Serences JT (2015). Parietal and frontal cortex encode stimulus-specific mnemonic representations during visual working
memory. neuron 87, 893-905. 10.1016 / j.neuron.2015.07.013.
Druzgal, TJ, and D'Esposito, M. (2001). Neural network reflecting decisions about human faces. neuron 32, 947-955. doi: 10.1016 / s0896-6273 (01) 00519-0
Fisher, I., (1930), TheTheory of Interest, Macmillan, New York.
Fuster, JM, and Alexander, GE (1971). Neuron activity related to short-term memory. Science 173, 652-654. doi: 10.1126 / science.173.3997.652
Friedman M., Savage LJ (1948). The utility analysis of choices involing risks. J. Polit. Econ. 56, 279-304. 10.1086 / 256692
GIGG, J., TAN, AM, AND FINCH, DM Glutamatergic excitatory responses of anterior cingulate neurons to stimulation of mediodorsal thalamus and their regulation by GABA: an in vivo iontophoretic study. Cerebelo.Cortex 2: 477-484, 1992.
Gigg, J., Tan, AM, and Finch, DM Glutamatergic excitatory responses of anterior cingulate neurons to stimulation of mediodorsal thalamus and their regulation by GABA: an in vivo iontophoretic study. Cerebelo. Cortex 2: 477-484, 1992.
Gioanni, Y., Rougeot, C., Clarke, PBS, Lepouse´, C., Thiery, AM, and Vdal, C. Nicotinic receptors in the rat prefrontal cortex: increase in glutamate release and facilitation of mediodorsal thalamo-cortical transmission. Eur. J. Neurosci. 11: 18–30, 1999.
Goldman-Rakic, P. (1987). “Circuitry of the prefrontal cortex and the regulation of behavior by representational memory,” in Handbook of Physiology, Section 1. The Nervous System , (Vol. 5) eds F. Plum and V. Mountcastle (Bethesda, MD: Wiley), 373–417.
Gottlieb, Y., Vaadia, E., and Abeles, M. (1989). Single unit activity in the auditory cortex of a monkey performing a short term memory task. Exp. Brain Res. 74, 139–148. doi: 10.1007/bf00248287
Grabenhorst, F., Rolls, ET, 2011. Value, pleasure and choice in the ventral prefrontal cortex. Trends Cogn. Sci. 15, 56–67
Green DM, Swets JA (1966). Signal Detection Theory and Psychophysics. New York, NY: Wiley.
Guillery RW. 1995 Anatomical evidence concernig the role of thalamus in corticocortical communication: a brief review. J. Anat. 187: 583-
Jones EG. 2007. The talamus 2 Volume Set. Cambridge, UK : Cambridge University Press.
Kable, JW, Glimcher, PW, 2009. The neurobiology of decision: consensus and controversy. Neuron 63, 733–745.
Kahneman D., Tversky A. (1979). Prospect theory: an analysis of decision under risk . Econometrica 47 , 263–291. 10.2307/1914185
Knutson B., Taylor J., Kaufman M., Peterson R., Glover G. (2005). Distributed neural representation of expected value . J. Neurosci . 25 , 4806–4812. 10.1523/JNEUROSCI.0642-05.2005
Kühberger A. (1998). The influence of framing on risky decisions: a meta-analysis . Organ. Behav. Hum. Decis. Process . 75 , 23–55.
1006/obhd.1998.2781
Lara AH, Kennerley SW, Wallis JD (2009). Encoding of gustatory working memory by orbitofrontal neurons . J. Neurosci. 29 , 765–774.
1523/JNEUROSCI.4637-08.2009
Lara, AH, and Wallis, JD (2014). Executive control processes underlying multi-item working memory. Nat. Neurosci. 17, 876–883. doi: 10.1038/nn.3702
Lynn SK, Cnaani J., Papaj DR (2005). Peak shift discrimination learning as a mechanism of signal evolution .
Evolution 59 , 1300–1305.
1111/j.0014-3820.2005.tb01780.
Lynn SK, Zhang X., Barrett LF (2012). Affective state influences perception by affecting decision parameters underlying bias and sensitivity . Emotion 12 , 726–736. 10.1037/a0026765
Lynn SK, Barrett LF (2014). “Utilizing” signal detection theory . Psychol. Sci . 25 , 1663–1673.
1177/0956797614541991
Miller, EK, and Cohen, JD (2001). An integrative theory of prefrontal cortex function. Annu. Rev. Neurosci. 24, 167–202. doi: 10.1146/annurev.neuro.24.1.167
Miller, EK, Erickson, CA, and Desimone, R. (1996). Neural mechanisms of visual working memory in prefrontal cortex of the macaque. J. Neurosci. 16, 5154–5167.
Miller, EK, Freedman, DJ, and Wallis, JD (2002). The prefrontal cortex: categories, concepts and cognition. Philos. Trans. R. Soc. Lond. B Biol. Sci. 357, 1123–1136. doi: 10.1098/rstb.2002.1099
Miller, EK, Li, L., and Desimone, R. (1993). Activity of neurons in anterior inferior temporal cortex during a short-term memory task. J. Neurosci. 13, 1460-1478.
Mcclure SM, Laibson DI, Loewenstein G., Cohen JD (2004). Separate neural systems value immediate and delayed monetary rewards . Science 306 , 503–507. 10.1126/science.1100907
Mitchell AS, Sherman SM, Sommer MA, Mair RG, Vertes RP, Chudasama Y. 2014. Advances in understanding mechanisms of thalamic relays in cognition and behavior . J Neurosci . 34 (46) :15340–6.
Leonard, CM The prefrontal cortex of the rat. I. Cortical projections of the mediodorsal nucleus. II. Efferent connections. Brain Res. 12: 321–343, 1969
Keynes, JM, ( 1936 ), The General Theory of Employment, Interest and Money, Macmillan.
Markowitz, HM, ( 1952 ), „ Portfolio Selection „ , Journal of Finance, vol. 7, no. 1, 77-91.
Motter, BC (1994). Neural correlates of feature selective memory and pop-out in extrastriate area V4. J. Neurosci. 14, 2190–2199.
Mueller, DC i Reaardon, E., ( 1993 ), „ Rates of Return on Corporate Investment „ , Sothern Economic Journal, vol. 60, no. 2, 430-453.
Murray JD, Jaramillo J, Wang XJ, ( 2017 ) „ Working memory and decision making in a fronto parietal circuit model „.
Nitsche MA, Cohen LG, Wasermann EM, Prior A, Lang N, Antal A, Paulus W, Hummel F, Boggio PS, Fregni F, 2008. Transcranial direct stimulation: state of the art 2008. Brain stimul. 1: 206- 223.
Pasternak, T., and Greenlee, MW (2005). Working memory in primate sensory systems. Nat. Rev. Neurosci. 6, 97–107. doi: 10.1038/nrn1637
Pasternak, T., Lui, LL, and Spinelli, PM (2015). Unilateral prefrontal lesions impair memory-guided comparisons of contralateral visual motion. J. Neurosci. 35, 7095–7105. doi: 10.1523/JNEUROSCI.5265-14.2015
Rainer, G., Asaad, WF, and Miller, EK (1998). Selective representation of relevant information by neurons in the primate prefrontal cortex. Nature 393, 577–579. doi: 10.1038/31235
Sakai, K., Rowe, JB, and Passingham, RE (2002). Active maintenance in prefrontal area 46 creates distractor-resistant memory. Nat. Neurosci. 5, 479–484. doi: 10.1038/nn846
Roux, F., and Uhlhaas, PJ (2014). Working memory and neural oscillations: α-γ versus θ-γ codes for distinct WM information? Trends Cogn. Sci. 18, 16–25. doi: 10.1016/j.tics.2013.10.010
Roux, F., Wibral, M., Mohr, HM, Singer, W., and Uhlhaas, PJ (2012). Gamma-band activity in human prefrontal cortex codes for the number of relevant items maintained in working memory. J. Neurosci. 32, 12411–12420. doi: 10.1523/jneurosci.0421-12.2012
Samuelson, P., ( 1939b), „ A Snthesis of the Principle of Acceleration and the Multiplier“ , Journal of Political Economy, vol. 47, no. 6, 786-797.
Schwabe, L., Tegenthoff, M., Höffken, O., Wolf, OT, 2012. Simultaneous glucocorticoid and noradrenergic activity disrupts the neural basis of goal-directed action in the human brain. J. Neurosci. 32, 10146–10155
Tobin, J., ( 1984 ), „ On the Efficency of the Financial System“ , Lloyds Bank Review, vol. 153, 1-15
Verplanken B., Holland RW (2002). Motivated decision making: effects of activation and self-centrality of values on choices and behavior . J. Pers. Soc. Psychol . 82 , 434–447.
1037/0022-3514.82.3.434
van Putten M, Zeelenberg M, van Dijk E. 2010. Who throws good money after bed? Action vs. state orientation moderates the sunk cost fallacy. Judgm Decis Mak. 5: 33-36.
von Neumann, J., Morgenstern, O., 1944. The Theory of Games and Economic Behavior. Princeton University Press, Princeton, NJ.
Wurtz RH, McAlonan K, Cavanaugh J, Berman RA. 2011. Thalamic pathways for active vision. Trends Cogn Sci. 15(4): 177- 184.