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Neuroscience and Decision-Making, Understanding the Brains Role in Risk and Reward Assessment

Author(s):B.Dhawale 1, k.Abhay Shinde2, I.Latesh3

Affiliation: KJ Somaiya college of Physiotherapy, India

Page No: 39-48

Volume issue & Publishing Year: Volume 1 Issue 1-Oct 2024

Journal: International Journal of Advanced Multidisciplinary Application.(IJAMA)

ISSN NO: 3048-9350

DOI:

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Abstract:
Decision-making is a complex cognitive process influenced by both internal and external factors. Central to this process is the brain, where neural circuits assess and weigh risks and rewards, guiding our actions and choices. This paper explores the role of the brain in decision-making, particularly in assessing risk and reward. By examining the neurobiological mechanisms involved, such as the reward system, the prefrontal cortex, and the limbic system, we aim to understand how the brain processes various decision-making scenarios. Furthermore, the article investigates how cognitive biases, emotions, and individual differences influence the brain's evaluation of risks and rewards. Lastly, the paper discusses how these insights can be applied to real-world scenarios, including economic decisions, addiction, and social behavior, offering potential therapeutic avenues for decision-making disorders.

Keywords: neuroscience, decision-making, risk assessment, reward processing, prefrontal cortex, limbic system, cognitive biases, dopamine, risk-taking behavior, financial decision-making, addiction, social decisionmaking, brain networks, reward system, cognitive control

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