Preuschoff, Kerstin; Quartz, Steven; Bossaerts, Peter - In: Revue d'économie politique 118 (2008) 1, pp. 75-95
We review recent brain-scanning (fMRI) evidence that activity in certain sub-cortical structures of the human brain correlate with changes in expected reward, as well as with risk. Risk is measured by variance of payoff, as in Markowitz? theory. The brain structures form part of the dopamine...