Optimal coding and neuronal adaptation in economic decisions

During economic decisions, offer value cells in orbitofrontal cortex encode the values of offered goods and undergo range adaptation. Here the authors present a theory of optimal coding based on payoff maximization. For linear tuning functions, range adaptation in offer value cells ensures maximal e...

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Main Authors: Aldo Rustichini, Katherine E. Conen, Xinying Cai, Camillo Padoa-Schioppa
Format: Article
Language:English
Published: Nature Publishing Group 2017-10-01
Series:Nature Communications
Online Access:https://doi.org/10.1038/s41467-017-01373-y
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spelling doaj-f7fae032788c4c83bdc499fbb815afd62021-05-11T07:42:13ZengNature Publishing GroupNature Communications2041-17232017-10-018111410.1038/s41467-017-01373-yOptimal coding and neuronal adaptation in economic decisionsAldo Rustichini0Katherine E. Conen1Xinying Cai2Camillo Padoa-Schioppa3Department of Economics, University of MinnesotaDepartment of Neuroscience, Washington University in St LouisDepartment of Neuroscience, Washington University in St LouisDepartment of Neuroscience, Washington University in St LouisDuring economic decisions, offer value cells in orbitofrontal cortex encode the values of offered goods and undergo range adaptation. Here the authors present a theory of optimal coding based on payoff maximization. For linear tuning functions, range adaptation in offer value cells ensures maximal expected payoff.https://doi.org/10.1038/s41467-017-01373-y
collection DOAJ
language English
format Article
sources DOAJ
author Aldo Rustichini
Katherine E. Conen
Xinying Cai
Camillo Padoa-Schioppa
spellingShingle Aldo Rustichini
Katherine E. Conen
Xinying Cai
Camillo Padoa-Schioppa
Optimal coding and neuronal adaptation in economic decisions
Nature Communications
author_facet Aldo Rustichini
Katherine E. Conen
Xinying Cai
Camillo Padoa-Schioppa
author_sort Aldo Rustichini
title Optimal coding and neuronal adaptation in economic decisions
title_short Optimal coding and neuronal adaptation in economic decisions
title_full Optimal coding and neuronal adaptation in economic decisions
title_fullStr Optimal coding and neuronal adaptation in economic decisions
title_full_unstemmed Optimal coding and neuronal adaptation in economic decisions
title_sort optimal coding and neuronal adaptation in economic decisions
publisher Nature Publishing Group
series Nature Communications
issn 2041-1723
publishDate 2017-10-01
description During economic decisions, offer value cells in orbitofrontal cortex encode the values of offered goods and undergo range adaptation. Here the authors present a theory of optimal coding based on payoff maximization. For linear tuning functions, range adaptation in offer value cells ensures maximal expected payoff.
url https://doi.org/10.1038/s41467-017-01373-y
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AT katherineeconen optimalcodingandneuronaladaptationineconomicdecisions
AT xinyingcai optimalcodingandneuronaladaptationineconomicdecisions
AT camillopadoaschioppa optimalcodingandneuronaladaptationineconomicdecisions
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