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<p class="MsoNormal" >RODRIGUEZ, Christian, Intertemporal Choices and Values, Mar 7, 2014

This is a 3:15PM FriSem of MBC Center in Jordan Hall, Stfd.</p>

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he shows his old car that he loved&nbsp; but he faced a big mechanic bill;

so,&nbsp; do you fix the car or buy a new one?</p>

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<b>do you spend&nbsp; now or save money for a rainy day</b>.</p>

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where are and&nbsp; how are discounted values encoded?

(he is in <b>Sam McClure's</b> Lab)</p>

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2006 Padoa-Schioppa:&nbsp; OFC recording:&nbsp;&nbsp;&nbsp; = orbitofrontal cortex

encodes rewards like 1 drop of grape juice vs 3 drops of water..

monkey data&nbsp;

<b>some neurons track the value of the offer = Offer value</b></p>

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versus:&nbsp; <b>neurons that track the chosen value</b>... &nbsp;(the actual outcome of the decision)

bottom line of their research: <b>&nbsp;the OFC does it all.</b></p>

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vs&nbsp; moving dots type expt

as in Gold and Shadlen in 2007:&nbsp;&nbsp;

see integration of evidence&nbsp; (a la Ratcliff)

differential rates of increase of evidence toward a decision.</p>

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Hare 2011</p>

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dmPFC dorsomedial PFC

fit a drift diffusion model...

and pPC... posterior parietal cortex.</p>

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but their monkeys just making decisions abt current choices..</p>

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are these regions true integration regions.</p>

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<b>OUTLINE for today</b>:</p>

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<b>vmPFC and OFC encode temporal discounted values </b>...</p>

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next,&nbsp; <b>discounted value accumulation accounts for intertemp choice behavior</b>...</p>

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value accumulation occurs in vmFC...</p>

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experiment = expt:&nbsp; 10 bucks now&nbsp; vs more in future:</p>

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(&nbsp; eg&nbsp; 19 bucks in 30 days...)</p>

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$30&nbsp; presented for&nbsp; 1000 ms.</p>

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and 19 bucks displayed for 4000 ms.</p>

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then do either&nbsp; EEG or fMRI</p>

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value discounted&nbsp; Vd = r/ 1 + kt&nbsp;&nbsp; (hyperbolic discount)</p>

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prob of a reward is&nbsp; either&nbsp; .1, .3 .5 .7 or .9</p>

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&nbsp;

where is value encoded?</p>

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Value of delayed reward:</p>

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R OFC&nbsp; stores the discounted value</p>

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and in&nbsp; vmPFC&nbsp;&nbsp; for the Net value...</p>

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but what is encoded in OFC&nbsp; is it</p>

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Vd... Vd + Vi&nbsp; or is it

Vd - Vi..</p>

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&nbsp;

he looks at group averages....</p>

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Anthony:&nbsp; exact location of region matters...

large diff btwn&nbsp; ventral surface and interior...</p>

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so... we DO have tempr discounted value encoded in vmPFC and OFC...</p>

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next point:

does&nbsp; discounted value accumulation account for intertemproal choice behavior...</p>

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&nbsp;

(he fits a k for each subject...

may reflect a v impulsive subject vs&nbsp; delayed gratification)</p>

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*</p>

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LBA&nbsp; linear ballistic accumulation

Value accum model...&nbsp; as in Ratcliff...</p>

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this is from Brown and Heathcote in 2008</p>

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2 accumulators:&nbsp; one for immed reward and one for the delayed reward...</p>

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evidence is gradualy accumulating for each .</p>

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main param is the drift rate</p>

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tau&nbsp; is just&nbsp; time to press the button&nbsp; (time that is irrelevant to the decision)</p>

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he shows RTs for&nbsp; difft probabilities</p>

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eg&nbsp; is&nbsp; prob&nbsp; is only 0.1 of getting the delayed reward, then S goes for the immed reward, etc.</p>

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he showed that form of discounting model did not matter&nbsp; (whether hyperbolic or exponential)</p>

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next point:</p>

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value accumulation localizes in dmFC&nbsp;&nbsp; frontal cortex</p>

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can we explain trial specific data...</p>

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&nbsp;

want to estimate a start point and a drift rate&nbsp; to account for response time for each trial.</p>

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use simulated data...</p>

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TVA = total value accumulation</p>

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dm FC&nbsp; = dorsomedial frontal cortex&nbsp; was only&nbsp; region that survived&nbsp; GLM.</p>

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(this is the only region that is similar to LIP in&nbsp; visual motion literature)</p>

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</p>

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last point:</p>

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related but dissociable functions localized in pPC and latPFC</p>

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funcitonal connectivy in neural oscillations...</p>

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PLVs = phase locking values&nbsp; measure dynamic episodes of synch oscillation...</p>

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where do see evid. of func connectivity..</p>

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lPFC = lateral PFC...</p>

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seems that pPC&nbsp; = poster&nbsp; parietal cortex&nbsp; is mainly related to the display of the amount.</p>

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pPC&nbsp; is position related&nbsp; to increased delay... but not known why...</p>

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