Emotional-motivational responses predicting choices: The role of asymmetrical frontal cortical activity

Date

2016-02-01

Author

Ravaja, Niklas
Korhonen, Pekka
Köksalan, Mustafa Murat
Lipsanen, Jari
Salminen, Mikko
Somervuori, Outi
Wallenius, Jyrki

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We examined (a) how emotional attachment to a choice option as indexed by state-related changes in electroencephalographic (EEG) asymmetry over the prefrontal cortex and electrodermal activity predicts choices and mediates the endowment effect and (b) the emotional-motivational responses to trade-off choices. Thirty-eight participants made choices between three 4-product packages, in which the frequency of each of the products varied. Greater relative left frontal activation and high peak skin conductance level (SCL) elicited by a previously selected choice option predicted a stronger endowment effect, suggesting that approach motivation and emotional attachment mediate the endowment effect. Not selecting a choice option with high emotional attachment elicited relatively greater right hemisphere activation, supporting also the role of loss aversion in the endowment effect. In addition, high trade-off difficulty was associated with increased withdrawal motivation (or less approach motivation) and negatively valenced arousal. We conclude with a discussion of practical implications of our findings. (C) 2016 Published by Elsevier B.V.

Subject Keywords

Choice behavior, Frontal asymmetry, Neurophysiology, Endowment effect, Emotion

URI

https://hdl.handle.net/11511/51315

Journal

JOURNAL OF ECONOMIC PSYCHOLOGY

DOI

https://doi.org/10.1016/j.joep.2015.11.007

Collections

Department of Industrial Engineering, Article

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Citation Formats

N. Ravaja et al., “Emotional-motivational responses predicting choices: The role of asymmetrical frontal cortical activity,” JOURNAL OF ECONOMIC PSYCHOLOGY, pp. 56–70, 2016, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/51315.