The Interactive Influence of Perceived Ownership and Perceived   Choosership of Stocks on Brain Response to Stock Outcomes

doi:10.3389/fpsyg.2017.00008

CORC > 北京大学 > 心理与认知科学学院

	The Interactive Influence of Perceived Ownership and Perceived Choosership of Stocks on Brain Response to Stock Outcomes
	Shang, Zhe ; Wang, Lei ; Wu, Han
刊名	Frontiers in Psychology
	2017
关键词	behavioral social neuro-finance choosership effect ownership effect choice effect feedback-related negativity (FRN) emotion responsibility neural economics FEEDBACK-RELATED NEGATIVITY ERROR-RELATED NEGATIVITY MEDIAL FRONTAL-CORTEX TIME-ESTIMATION TASK MERE OWNERSHIP REWARD PREDICTION DECISION-MAKING MONETARY LOSS SELF-CONCEPT POTENTIALS
DOI	10.3389/fpsyg.2017.00008
英文摘要	The present research examined the influence of perceived ownership (self/other) and perceived chooser (self/other) of stocks on brain activity, and investigated whether differential brain responses to stock outcomes as a result of perceived differences in ownership of stock would be modulated by perceived chooser of stock. We used a 2 (stock chooser: self, other) x 2 (stock owner: self, other) within-subject design to represent four types of chooser-owner relationships. Brain potentials were recorded while participants observed increasing and decreasing stock prices. Results showed that observations of stock outcomes among four types of chooser owner relationships elicited differentiated feedback-related negativity (d-FRN: differences in FRN waves between losses and gains, reflecting violations of expectancy to stock outcomes): (1) Self-chosen-other-owned stocks evoked significantly larger d-FRN discrepancies than self-chosen-self-owned stocks, indicating a greater expectancy violation to others' losses than to one own, demonstrating a reversed ownership effect. Moreover, people high in conscientiousness showed an increase in this trend, suggesting a stronger other-consideration: (2) Self-chosen-self-owned stocks and other-chosen-self-owned stocks revealed no significant d-FRN discrepancy, showing no choosership effect beyond the ownership effect; (3) Other-chosen-self-owned stocks evoked a significantly stronger d-FRN discrepancy than other-chosen-other-owned stocks, demonstrating an ownership effect; (4) Self-chosen-other-owned stocks evoked a significantly stronger d-FRN discrepancy than other-chosen-other-owned stocks, revealing a choosership effect. These findings suggest that the ownership effect could be reversed by conscientiousness induced by perceived choosership in the agency relationship, while the choosership effect is attenuated and even disappears under the influence of perceived ownership.; NSFC [71021001, 91224008, 91324201]; Beijing Positive Psychology Foundation [0020344]; Taetea Group; SSCI; ARTICLE; 8
语种	英语
内容类型	期刊论文
源URL	[http://ir.pku.edu.cn/handle/20.500.11897/469409]
专题	心理与认知科学学院
推荐引用方式 GB/T 7714	Shang, Zhe,Wang, Lei,Wu, Han. The Interactive Influence of Perceived Ownership and Perceived Choosership of Stocks on Brain Response to Stock Outcomes[J]. Frontiers in Psychology,2017.
APA	Shang, Zhe,Wang, Lei,&Wu, Han.(2017).The Interactive Influence of Perceived Ownership and Perceived Choosership of Stocks on Brain Response to Stock Outcomes.Frontiers in Psychology.
MLA	Shang, Zhe,et al."The Interactive Influence of Perceived Ownership and Perceived Choosership of Stocks on Brain Response to Stock Outcomes".Frontiers in Psychology (2017).