A new research has shown that birds of a feather do flock together, shedding light on why societal trends happen.
In the study using functional magnetic resonance imaging, Virginia Tech Carilion Research Institute scientists found that people's inherent risk-taking preferences affect how they view and act on information from other people.
The brain scans showed that study participants increased their perceived value of a gamble after seeing other people take that gamble. The neural signals also predicted the likelihood that participants would conform to others' choices.
Senior author Pearl Chiu said that one is likelier to follow the risky decisions of other people if he likes to take risks and one is likelier to follow the cautious decisions of other people if he tends to be cautious.
Chiu added that the choices that others make become more valuable than they would be otherwise and human brains are wired to choose things that are more valuable.
The scientists scanned adult participants' brains as they made gambling choices alone and after seeing what other players picked and observed that both safe and risky choices of other people influenced participants' choices to be safer or riskier than the choices they made alone.
First author Dongil Chung said that no one knows how the gambles will play out, but people still tend to conform to others, adding that the likelihood that you will be nudged depends on how much you value what others say.
The researchers found that this social valuation process occurs in the ventromedial prefrontal cortex, a brain region known to encode values and rewards.
Risk-takers and risk-averse people live in the same world with the same risky and safe information, as per researchers, it's up to the individual to filter what and how information is actually considered during decision-making processes.
The study is published in Nature Neuroscience.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
