Abstract
In order to reduce the noise of brain signals, neuroeconomic experiments typically aggregate data from hundreds of trials collected from a few individuals. This contrasts with the principle of simple and controlled designs in experimental and behavioral economics. We use a frequency domain variant of the stationary subspace analysis (SSA) technique, denoted as DSSA, to filter out the noise (nonstationary sources) in EEG brain signals. The nonstationary sources in the brain signal are associated with variations in the mental state that are unrelated to the experimental task. DSSA is a powerful tool for reducing the number of trials needed from each participant in neuroeconomic experiments and also for improving the prediction performance of an economic choice task. For a single trial, when DSSA is used as a noise reduction technique, the prediction model in a food snack choice experiment has an increase in overall accuracy by around 10% and in sensitivity and specificity by around 20% and in AUC by around 30%, respectively.
Highlights
The interest of economists and other social scientists to integrate neurophysiological data to study human behavior has dramatically increased
In order to filter out the noise, neuroeconomic experiments typically aggregate data from hundreds of trials from each participant
In addition to potential fatigue effects, we point out a tradeoff between the basic experimental economics principle of simplicity with the neuroeconomic need for a large number of trials to reduce brain signal noise
Summary
The interest of economists and other social scientists to integrate neurophysiological data to study human behavior has dramatically increased. We describe the DSSA approach to finding a stationary subspace process of given multi-dimensional second-order nonstationary processes satisfying Equation (1) using properties from the frequency domain This method does not require dividing the time series data into several segments and utilizes a test of stationarity for determining whether the estimated source is stationary. This would be useful in finding the stationary subspace process (noise reduced signal) but to ensure there is a statistically significant reduction in the nonstationarity (noise) in the observed EEG signal.
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