The DOI matches its Crossref record; 81 of the 81 references it cites were found in a registry or an index.
Neural representations of subjective reward value
Abstract
Decision neuroscience suggests that there exists a core network for the subjective valuation of rewards from a range of different domains, encompassing the ventral striatum and regions of the orbitofrontal cortex (OFC), in particular the ventromedial aspect of the OFC. Here we first review ways to measure subjective value experimentally in a cognitive neuroscience context, and provide a brief overview over different types of value (outcome, goal and decision value). We then compare results of functional neuroimaging studies of subjective value representations across these different types of value. Our analysis suggests that the same region of the mOFC represents the outcome values of primary reinforcers, but also more complex decision values in which multiple dimensions of the reward need to be integrated. The subjective (hedonic) experience of processing highly valued decision options (regardless of whether they refer to actually experienced rewards or merely potential future rewards) appears to be what is reflected in value-related mOFC activity.
Overview
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
In the citing paper
“The OFC, a highly evolved brain region, is associated with increasing positive mood and altering the contextualization of arising sensory events.35,85,88,94”
From The neural mechanisms of mindfulness-based pain relief: a functional magnetic resonance imaging-based review and primer (2019) · cites this paper as [88]
In the citing paper
“Furthermore, reward-related signals in the striatum increase with increasing subjective value of the reward (i.e., the value of a reward given a particular individual's personal preferences and motivational states; for review see 32).”
From The social brain and reward: Social information processing in the human striatum (2014) · cites this paper as [32]
In the citing paper
“On the whole this area of research shows that acts of giving can be valuable for many reasons (e.g., reputation benefit, vicarious reward, satisfaction of giving, efficiency, equity) and that striatum activity integrates these sources of value in a manner resembling the representation of subjective value for non-social rewards 32.”
From The social brain and reward: Social information processing in the human striatum (2014) · cites this paper as [32]
In the citing paper
“Whereas the ventral striatum has been associated with coding for subjective value of reward (Peters and Büchel, 2010)”
From Testosterone levels correspond with increased ventral striatum activation in response to monetary rewards in adolescents (2011) · cites this paper as Peters and Büchel, 2010
Citations
Cites
Maxmin expected utility with non-unique prior
Gilboa, I., & Schmeidler, D. (1989) · Journal of Mathematical Economics · doi:10.1016/0304-4068(89)90018-9 · Cited by 4,180
Functional architecture of basal ganglia circuits: neural substrates of parallel processing
Alexander, G. E., & Crutcher, M. D. (1990) · Trends in Neurosciences · doi:10.1016/0166-2236(90)90107-l · Cited by 4,131
The reward circuit: linking primate anatomy and human imaging
Haber, S. N., & Knutson, B. (2010) · Neuropsychopharmacology · doi:10.1038/npp.2009.129 · Cited by 3,718
Olds, J., & Milner, P. (1954) · Journal of Comparative and Physiological Psychology · doi:10.1037/h0058775 · Cited by 3,176
Blood, A. J., & Zatorre, R. J. (2001) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.191355898 · Cited by 2,814
Measuring utility by a single-response sequential method
Becker, G. M., DeGroot, M. H., & Marschak, J. (1964) · Systems Research and Behavioral Science · doi:10.1002/bs.3830090304 · Cited by 2,720
Ongur, D. (2000) · Cerebral Cortex · doi:10.1093/cercor/10.3.206 · Cited by 2,627
Cortical substrates for exploratory decisions in humans
Daw, N. D., O'Doherty, J. P., Dayan, P., Seymour, B., & Dolan, R. J. (2006) · Nature · doi:10.1038/nature04766 · Cited by 2,224
A framework for studying the neurobiology of value-based decision making
Rangel, A., Camerer, C., & Montague, P. R. (2008) · Nature Reviews Neuroscience · doi:10.1038/nrn2357 · Cited by 2,184
The human orbitofrontal cortex: linking reward to hedonic experience
Kringelbach, M. L. (2005) · Nature Reviews Neuroscience · doi:10.1038/nrn1747 · Cited by 2,180
KRINGELBACH, M. (2004) · Progress in Neurobiology · doi:10.1016/j.pneurobio.2004.03.006 · Cited by 1,977
Self-Control in Decision-Making Involves Modulation of the vmPFC Valuation System
Hare, T. A., Camerer, C. F., & Rangel, A. (2009) · Science · doi:10.1126/science.1168450 · Cited by 1,928
The neural correlates of subjective value during intertemporal choice
Kable, J. W., & Glimcher, P. W. (2007) · Nature Neuroscience · doi:10.1038/nn2007 · Cited by 1,916
A Discounting Framework for Choice With Delayed and Probabilistic Rewards.
Green, L., & Myerson, J. (2004) · Psychological Bulletin · doi:10.1037/0033-2909.130.5.769 · Cited by 1,676
Neurons in the orbitofrontal cortex encode economic value
Padoa-Schioppa, C., & Assad, J. A. (2006) · Nature · doi:10.1038/nature04676 · Cited by 1,598
Measuring Utility by a Single-Response Sequential Method (1964)
Becker, G. M., & DeGroot, M. H. (1974) · Springer eBooks · doi:10.1007/978-94-010-9276-0_16 · Cited by 1,579
Neural Correlates of Behavioral Preference for Culturally Familiar Drinks
McClure, S. M., Li, J., Tomlin, D., Cypert, K. S., Montague, L. M., & Montague, P. R. (2004) · Neuron · doi:10.1016/j.neuron.2004.09.019 · Cited by 1,413
Neural systems responding to degrees of uncertainty in human decision-making
Hsu, M., Bhatt, M., Adolphs, R., Tranel, D., & Camerer, C. F. (2005) · Science · doi:10.1126/science.1115327 · Cited by 1,411
Dissociation of reward anticipation and outcome with event-related fMRI
Knutson, B., Fong, G. W., Adams, C. M., Varner, J. L., & Hommer, D. (2001) · Neuroreport · doi:10.1097/00001756-200112040-00016 · Cited by 1,300
Limbic connections of the orbital and medial prefrontal cortex in macaque monkeys
Carmichael, S. T., & Price, J. L. (1995) · Journal of Comparative Neurology · doi:10.1002/cne.903630408 · Cited by 1,197
Changes in brain activity related to eating chocolate: From pleasure to aversion
Small, D. M. (2001) · Brain · doi:10.1093/brain/124.9.1720 · Cited by 1,179
Encoding Predictive Reward Value in Human Amygdala and Orbitofrontal Cortex
Gottfried, J. A., O'Doherty, J., & Dolan, R. J. (2003) · Science · doi:10.1126/science.1087919 · Cited by 1,165
Marketing actions can modulate neural representations of experienced pleasantness
Plassmann, H., O'Doherty, J., Shiv, B., & Rangel, A. (2008) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.0706929105 · Cited by 1,122
Blood, A. J., Zatorre, R. J., Bermudez, P., & Evans, A. C. (1999) · Nature Neuroscience · doi:10.1038/7299 · Cited by 1,097
Dissociated neural representations of intensity and valence in human olfaction
Anderson, A. K., Christoff, K., Stappen, I., Panitz, D., Ghahremani, D. G., Glover, G., Gabrieli, J. D. E., & Sobel, N. (2003) · Nature Neuroscience · doi:10.1038/nn1001 · Cited by 1,054
Architecture and intrinsic connections of the prefrontal cortex in the rhesus monkey
Barbas, H., & Pandya, D. Ν. (1989) · The Journal of Comparative Neurology · doi:10.1002/cne.902860306 · Cited by 937
The Neurobiology of Decision: Consensus and Controversy
Kable, J. W., & Glimcher, P. W. (2009) · Neuron · doi:10.1016/j.neuron.2009.09.003 · Cited by 928
The Anatomical Connections of the Macaque Monkey Orbitofrontal Cortex. A Review
Cavada, C. (2000) · Cerebral Cortex · doi:10.1093/cercor/10.3.220 · Cited by 917
Beauty in a smile: the role of medial orbitofrontal cortex in facial attractiveness
O’Doherty, J., Winston, J., Critchley, H., Perrett, D., Burt, D. M., & Dolan, R. J. (2003) · Neuropsychologia · doi:10.1016/s0028-3932(02)00145-8 · Cited by 898
Peters, J., & Büchel, C. (2010) · Neuron · doi:10.1016/j.neuron.2010.03.026 · Cited by 871
Self-citationKnutson, B. D., Fong, G., Bennett, S. M., Adams, C. M., & Hommer, D. W. (2003) · NeuroImage · doi:10.1016/s1053-8119(02)00057-5 · Cited by 868
Orbitofrontal Cortex Encodes Willingness to Pay in Everyday Economic Transactions
Plassmann, H., O'Doherty, J., & Rangel, A. (2007) · The Journal of Neuroscience · doi:10.1523/jneurosci.2131-07.2007 · Cited by 855
DISCOUNTING OF DELAYED REWARDS: MODELS OF INDIVIDUAL CHOICE
Myerson, J., & Green, L. (1995) · Journal of the Experimental Analysis of Behavior · doi:10.1901/jeab.1995.64-263 · Cited by 843
Kringelbach, M. L. (2003) · Cerebral Cortex · doi:10.1093/cercor/13.10.1064 · Cited by 824
Hare, T. A., O'Doherty, J., Camerer, C. F., Schultz, W., & Rangel, A. (2008) · The Journal of Neuroscience · doi:10.1523/jneurosci.1309-08.2008 · Cited by 792
Sensory and premotor connections of the orbital and medial prefrontal cortex of macaque monkeys
Carmichael, S. T., & Price, J. L. (1995) · Journal of Comparative Neurology · doi:10.1002/cne.903630409 · Cited by 678
Chib, V. S., Rangel, A., Shimojo, S., & O'Doherty, J. P. (2009) · The Journal of Neuroscience · doi:10.1523/jneurosci.2575-09.2009 · Cited by 643
De Araujo, I. E. T., Rolls, E. T., Kringelbach, M. L., McGlone, F., & Phillips, N. (2003) · European Journal of Neuroscience · doi:10.1046/j.1460-9568.2003.02915.x · Cited by 642
How the Brain Translates Money into Force: A Neuroimaging Study of Subliminal Motivation
Pessiglione, M., Schmidt, L., Draganski, B., Kalisch, R., Lau, H., Dolan, R. J., & Frith, C. D. (2007) · Science · doi:10.1126/science.1140459 · Cited by 634
Different representations of pleasant and unpleasant odours in the human brain
Rolls, E. T., Kringelbach, M. L., & de Araújo, I. E. (2003) · European Journal of Neuroscience · doi:10.1046/j.1460-9568.2003.02779.x · Cited by 605
Cognitive modulation of olfactory processing
de Araujo, I. E., Rolls, E. T., Velazco, M. I., Margot, C., & Cayeux, I. (2005) · Neuron · doi:10.1016/j.neuron.2005.04.021 · Cited by 590
Yacubian, J., Gläscher, J., Schroeder, K., Sommer, T., Braus, D. F., & Büchel, C. (2006) · The Journal of Neuroscience · doi:10.1523/jneurosci.2915-06.2006 · Cited by 537
Self-citationHare, T. A., Camerer, C. F., Knoepfle, D. T., O'Doherty, J. P., & Rangel, A. (2010) · The Journal of Neuroscience · doi:10.1523/jneurosci.4089-09.2010 · Cited by 527
Neural Representation of Subjective Value Under Risk and Ambiguity
Levy, I., Snell, J., Nelson, A. J., Rustichini, A., & Glimcher, P. W. (2009) · Journal of Neurophysiology · doi:10.1152/jn.00853.2009 · Cited by 516
An automatic valuation system in the human brain: Evidence from functional neuroimaging
Lebreton, M., Jorge, S., Michel, V., Thirion, B., & Pessiglione, M. (2009) · Neuron · doi:10.1016/j.neuron.2009.09.040 · Cited by 455
Ray, J. P., & Price, J. L. (1993) · Journal of Comparative Neurology · doi:10.1002/cne.903370102 · Cited by 402
Peters, J., & Büchel, C. (2009) · The Journal of Neuroscience · doi:10.1523/jneurosci.3489-09.2009 · Cited by 400
Self-citationThe amygdalostriatal projections in the monkey. An anterograde tracing study
Russchen, F. T., Bakst, I., Amaral, D. G., & Price, J. L. (1985) · Brain Research · doi:10.1016/0006-8993(85)90530-x · Cited by 395
Gläscher, J., Hampton, A. N., & O'Doherty, J. P. (2009) · Cerebral Cortex · doi:10.1093/cercor/bhn098 · Cited by 387
Brain systems for assessing facial attractiveness
Winston, J. S., O’Doherty, J. P., Kilner, J. M., Perrett, D. I., & Dolan, R. J. (2006) · Neuropsychologia · doi:10.1016/j.neuropsychologia.2006.05.009 · Cited by 384
Cultural objects modulate reward circuitry
Erk, S., Spitzer, M., Wunderlich, A. P., Galley, L., & Walter, H. (2002) · Neuroreport · doi:10.1097/00001756-200212200-00024 · Cited by 359
Human cortical responses to water in the mouth, and the effects of thirst.
de Araújo, I. D., Kringelbach, M., Rolls, E., & McGlone, F. (2003) · Journal of Neurophysiology · doi:10.1152/jn.00297.2003 · Cited by 346
O'Doherty, J. P., Buchanan, T. W., Seymour, B., & Dolan, R. J. (2006) · Neuron · doi:10.1016/j.neuron.2005.11.014 · Cited by 322
Kable, J. W., & Glimcher, P. W. (2010) · Journal of Neurophysiology · doi:10.1152/jn.00177.2009 · Cited by 316
Neural computations underlying action-based decision making in the human brain
Wunderlich, K., Rangel, A., & O'Doherty, J. P. (2009) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.0901077106 · Cited by 301
Are Attractive People Rewarding? Sex Differences in the Neural Substrates of Facial Attractiveness
Cloutier, J., Heatherton, T. F., Whalen, P. J., & Kelley, W. M. (2008) · Journal of Cognitive Neuroscience · doi:10.1162/jocn.2008.20062 · Cited by 294
Haber, S. N., Lynd‐Balta, E., Klein, C. M., & Groenewegen, H. J. (1990) · The Journal of Comparative Neurology · doi:10.1002/cne.902930210 · Cited by 291
The Role of Human Orbitofrontal Cortex in Value Comparison for Incommensurable Objects
FitzGerald, T. H. B., Seymour, B., & Dolan, R. J. (2009) · Journal of Neuroscience · doi:10.1523/jneurosci.0717-09.2009 · Cited by 279
Neural Response to Reward Anticipation under Risk Is Nonlinear in Probabilities
Hsu, M., Krajbich, I. M., Zhao, C., & Camerer, C. F. (2009) · Journal of Neuroscience · doi:10.1523/jneurosci.5296-08.2009 · Cited by 274
Prefrontal Coding of Temporally Discounted Values during Intertemporal Choice
Kim, S., Hwang, J., & Lee, D. (2008) · Neuron · doi:10.1016/j.neuron.2008.05.010 · Cited by 249
Organization of striatopallidal, striatonigral, and nigrostriatal projections in the macaque
Hedreen, J. C., & Delong, M. R. (1991) · The Journal of Comparative Neurology · doi:10.1002/cne.903040406 · Cited by 245
Friedman, D. P., Aggleton, J. P., & Saunders, R. C. (2002) · The Journal of Comparative Neurology · doi:10.1002/cne.10336 · Cited by 245
How Pleasant and Unpleasant Stimuli Combine in Different Brain Regions: Odor Mixtures
Fabian Grabenhorst, B., Rolls, E. T., Margot, C., da Silva, M. A. A. P., & Velazco, M. I. (2007) · Journal of Neuroscience · doi:10.1523/jneurosci.3337-07.2007 · Cited by 233
Warm pleasant feelings in the brain
Rolls, E. T., Grabenhorst, F., & Parris, B. A. (2008) · NeuroImage · doi:10.1016/j.neuroimage.2008.03.005 · Cited by 227
Amygdaloid projections to ventromedial striatal subterritories in the primate
Fudge, J. L., Kunishio, K., Walsh, P., Richard, C., & Haber, S. N. (2002) · Neuroscience · doi:10.1016/s0306-4522(01)00546-2 · Cited by 226
Functional imaging of the human dopaminergic midbrain
Düzel, E., Bunzeck, N., Guitart-Masip, M., Wittmann, B., Schott, B. H., & Tobler, P. N. (2009) · Trends in Neurosciences · doi:10.1016/j.tins.2009.02.005 · Cited by 216
Selective attention to affective value alters how the brain processes taste stimuli
Fabian Grabenhorst, B., & Rolls, E. T. (2008) · European Journal of Neuroscience · doi:10.1111/j.1460-9568.2008.06033.x · Cited by 216
How the Brain Represents the Reward Value of Fat in the Mouth
Fabian Grabenhorst, B., Rolls, E. T., Parris, B. A., & D’Souza, A. (2009) · Cerebral Cortex · doi:10.1093/cercor/bhp169 · Cited by 210
Enhanced affective brain representations of chocolate in cravers vs. non‐cravers
Rolls, E. T., & McCabe, C. (2007) · European Journal of Neuroscience · doi:10.1111/j.1460-9568.2007.05724.x · Cited by 188
The Neurobiology of Reference-Dependent Value Computation
De Martino, B., Kumaran, D., Holt, B., & Dolan, R. J. (2009) · The Journal of Neuroscience · doi:10.1523/jneurosci.4832-08.2009 · Cited by 174
Kalenscher, T., Windmann, S., Diekamp, B., Rose, J., Güntürkün, O., & Colombo, M. (2005) · Current Biology · doi:10.1016/j.cub.2005.02.052 · Cited by 135
From affective value to decision‐making in the prefrontal cortex
Fabian Grabenhorst, B., Rolls, E. T., & Parris, B. A. (2008) · European Journal of Neuroscience · doi:10.1111/j.1460-9568.2008.06489.x · Cited by 130
Get Aroused and Be Stronger: Emotional Facilitation of Physical Effort in the Human Brain
Schmidt, L., Cléry-Melin, M.-L., Lafargue, G., Valabrègue, R., Fossati, P., Dubois, B., & Pessiglione, M. (2009) · The Journal of Neuroscience · doi:10.1523/jneurosci.1951-09.2009 · Cited by 123
Selective Attention to Affective Value Alters How the Brain Processes Olfactory Stimuli
Rolls, E. T., Fabian Grabenhorst, B., Margot, C., da Silva, M. A. A. P., & Velazco, M. I. (2008) · Journal of Cognitive Neuroscience · doi:10.1162/jocn.2008.20128 · Cited by 116
Human Medial Orbitofrontal Cortex Is Recruited During Experience of Imagined and Real Rewards
Bray, S., Shimojo, S., & O’Doherty, J. P. (2010) · Journal of Neurophysiology · doi:10.1152/jn.01030.2009 · Cited by 107
Subregions of the ventral striatum show preferential coding of reward magnitude and probability
Yacubian, J., Sommer, T., Schroeder, K., Gläscher, J. P., Braus, D. F., & Büchel, C. (2007) · NeuroImage · doi:10.1016/j.neuroimage.2007.08.007 · Cited by 87
Self-citationDifferent representations of relative and absolute subjective value in the human brain
Fabian Grabenhorst, B., & Rolls, E. T. (2009) · NeuroImage · doi:10.1016/j.neuroimage.2009.06.045 · Cited by 86
Neural evidence for Reference-dependence in real-market-transactions
Weber, B., Aholt, A., Neuhaus, C., Trautner, P., Elger, C. E., & Teichert, T. (2007) · NeuroImage · doi:10.1016/j.neuroimage.2006.11.034 · Cited by 83
McKerchar, T. L., Green, L., & Myerson, J. (2010) · Behavioural Processes · doi:10.1016/j.beproc.2010.01.003 · Cited by 64
Individual preferences modulate incentive values: Evidence from functional MRI
Koeneke, S., Pedroni, A., Dieckmann, A., Bosch, V., & Jäncke, L. (2008) · Behavioral and Brain Functions · doi:10.1186/1744-9081-4-55 · Cited by 33
Cited by
Sorted by citations
Bartra, O., McGuire, J. T., & Kable, J. W. (2013) · NeuroImage · doi:10.1016/j.neuroimage.2013.02.063 · Cited by 1,927
Uncertainty and anticipation in anxiety: an integrated neurobiological and psychological perspective
Grupe, D. W., & Nitschke, J. B. (2013) · Nature Reviews Neuroscience · doi:10.1038/nrn3524 · Cited by 2,007
Mechanisms of Social Cognition
Frith, C. D., & Frith, U. (2012) · Annual Review of Psychology · doi:10.1146/annurev-psych-120710-100449 · Cited by 973
Sescousse, G., Caldú, X., Segura, B., & Dreher, J.-C. (2013) · Neuroscience & Biobehavioral Reviews · doi:10.1016/j.neubiorev.2013.02.002 · Cited by 782
Informatic parcellation of the network involved in the computation of subjective value
Clithero, J. A., & Rangel, A. (2014) · Social Cognitive and Affective Neuroscience · doi:10.1093/scan/nst106 · Cited by 706
Metadata
- Authors
- Peters, J., & Büchel, C.
- Affiliations
- University Medical Center Hamburg-Eppendorf (DE)
- Corresponding author
- Peters, J.
- ORCID
- Venue
- Behavioural Brain Research
- Publisher
- Elsevier BV
- Published
- 2010-12
- Volume
- 213
- Issue
- 2
- Pages
- 135-141
- ISSN
- 0166-4328 (ISSN-L)
- OpenAlex
- W1995207822
- Cited by
- 405
- References
- 81
- Citations by year
- 2026: 6 · 2025: 13 · 2024: 24 · 2023: 19 · 2022: 32 · 2021: 27 · 2020: 32 · 2019: 29 · 2018: 27 · 2017: 22 · 2016: 27 · 2015: 26 · 2014: 35 · 2013: 37 · 2012: 24
- FWCI
- 2.01
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Behavioural Brain Research (publishedVersion)
- PubMed (publishedVersion)
- Topics
- Life Sciences › Neuroscience › Cognitive Neuroscience › Neural and Behavioral Psychology Studies
- Life Sciences › Neuroscience › Cellular and Molecular Neuroscience › Neurotransmitter Receptor Influence on Behavior
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Keywords
- ventral striatum, outcome value, goal value, decision value, hedonic experience, primary reinforcers, value integration, neuroscience of decision-making
- MeSH terms
- Animals, Basal Ganglia, Brain Mapping, Classification, Cognition, Frontal Lobe, Humans, Magnetic Resonance Imaging, Neural Pathways, Reward
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review