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Science 13 June 2003:
Vol. 300. no. 5626, pp. 1755 - 1758
DOI: 10.1126/science.1082976

Reports

The Neural Basis of Economic Decision-Making in the Ultimatum Game

Alan G. Sanfey,1,3* James K. Rilling,1* Jessica A. Aronson,2 Leigh E. Nystrom,1,2 Jonathan D. Cohen1,2,4

The nascent field of neuroeconomics seeks to ground economic decisionmaking in the biological substrate of the brain. We used functional magnetic resonance imaging of Ultimatum Game players to investigate neural substrates of cognitive and emotional processes involved in economic decision-making. In this game, two players split a sum of money;one player proposes a division and the other can accept or reject this. We scanned players as they responded to fair and unfair proposals. Unfair offers elicited activity in brain areas related to both emotion (anterior insula) and cognition (dorsolateral prefrontal cortex). Further, significantly heightened activity in anterior insula for rejected unfair offers suggests an important role for emotions in decision-making.

1 Center for the Study of Brain, Mind and Behavior, Princeton University, Princeton, NJ 08544, USA.
2 Department of Psychology, Princeton University, Princeton, NJ 08544, USA.
3 Center for Health and Well-Being, Princeton University, Princeton, NJ 08544, USA.
4 Department of Psychiatry, University of Pittsburgh, Pittsburgh, PA 15260, USA.



* These authors contributed equally to this manuscript.

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