Objective
"Background: Rewards are important positive factors for our survival, reproduction and quality of life. They produce learning, constitute goals of voluntary behaviour and are outcomes of behavioural choices. However, in most natural situations rewards are probabilistic and uncertain. Thus investigations into the neurobiological foundations of motivated behaviour should address reward uncertainty. We aim to answer the most basic and important question on reward uncertainty, namely how does the brain take the uncertainty into account when producing optimal decisions?
Objectives: We aim to identify neuronal signals that carry information about risky rewards that is crucial for reward valuation and affects economic choices. We achieve this objective by relating the activity of single neurons in monkeys to normal behaviour in controlled behavioural tasks. We translate the knowledge gained from primate neurophysiology to humans by studying functional magnetic resonance responses (fMRI) in specific human brain structures during comparable behavioural tasks.
Significance: The experiments will systematically advance the knowledge about neuronal reward signals, explore the role of neuronal risk processing in decision-making and formally test a crucial axiom of economic decision theory. The experiments are sufficiently close together to be conceptually tractable and mutually supportive, and sufficiently spread out to cover basic neuronal mechanisms underlying decision-making under uncertainty. The work is based on fundamental concepts of economic choice theory and animal learning theory. The multidisciplinary approach will reveal basic reward risk mechanisms, inform, validate, challenge and select theories of normal behaviour, contribute to the foundations of neuroeconomics and provide necessary knowledge for investigating pathological reward and risk processes in human addiction, gambling and mental disorders."
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
ERC-2011-ADG_20110310
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Host institution
CB2 1TN CAMBRIDGE
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.