PsyPost
  • Mental Health
  • Social Psychology
  • Cognitive Science
  • Neuroscience
  • About
No Result
View All Result
Join
My Account
PsyPost
No Result
View All Result
Home Exclusive Social Psychology Business

Researchers look into the brains of music fans to examine economic decisions

by University of Bonn
June 27, 2016
Reading Time: 3 mins read
(Photo credit: Daniel Zedda)

(Photo credit: Daniel Zedda)

Share on TwitterShare on Facebook

As soon as social considerations also play a part in economic decisions, our brain seems to switch to a different processing mode. At least this is indicated by the results of a current study that was conducted at the University of Bonn. In it the participants were able to purchase pieces of music but could themselves set the price to be paid. During the process, the researchers recorded the brain activity of the participants. The work will soon appear in the prestigious journal Frontiers in Psychology but can already be called up online.

In 2007 the band Radiohead made music history with an unusual step: They put their new album on the Internet for downloading – without asking for a set price. Instead, the fan themselves were able to decide how much they were willing to pay. In an economic respect, this experiment was at least a partial success: Some music fans succumbed to the temptation to download the songs without paying. Others paid voluntarily for the album – some up to 20 dollars, which is twice as much as it would normally have cost.

Thus, in such “pay what you want” offerings, it seems to be not only economic interests that play a role but also social considerations, such as fairness. However, what happens in the brain in such situations remained unknown until now. The pilot study just published provides an initial answer to this question. The participating scientists at the University of Bonn and the University of Ulm invited a total of 25 participants to an experiment in a brain scanner. The subjects first listened to a 30-second clip from a piece of music. They were then to decide whether they wanted to buy the associated album or not.

In some cases the test persons were free to decide how much they wanted to pay for the album. Under this “pay-what-you-want” condition, they were able to keep the songs regardless of the amount paid, no matter what. In other cases, the scientists had set a fixed price, they amount of which was unknown to the participants. The participants could also suggest a monetary amount but did not know that they could only get the album, if their suggestion was over the price set. During the process the researchers recorded brain activity.

Enjoyment dictates the bid

“In the fixed price scenario, we found activation patterns that met our expectations exactly”, explains Dr. Sebastian Markett of the Department of Differential and Biological Psychology: “As soon as they listened to the music clip, the participants showed activity in certain brain structures that are part of the so-called reward system. The better they liked the piece, the stronger the activation – and the higher then the amount they bid for the album”. In this case, therefore, the music enjoyment dictated the bid.

It was quite different, when, after listening to the piece, the participants heard that they could determine the price themselves. In these cases, the strength of activation did not permit a direct conclusion about the amount that the participants would later pay. Instead, in them, a region of the brain became highly activated that had been completely unremarkable under the fixed price conditions: the so-called lingual gyrus. “We combed through databases for studies in which the lingual gyrus was also activated and statistically analysed the hits – actually several hundred”, explains the lead author of the study, Simon Waskow. “According to them, this is an area that reacts very early to visual stimuli that have a social component”. For example, the lingual gyrus sounds the alarm, when we discover an expression of rejection in a face.

“When our participants read that they themselves could choose the price for the piece just heard, their lingual gyrus became active”, says Waskow. “This activation may have caused their brain to switch to another mode: Now, in making the decision, no longer just economic and emotional considerations but also social considerations, such as the fairness concept, were considered”. This explanation is still just a hypothesis. However, the scientists hope to firm up their conclusions in further studies with more test participants.

Google News Preferences Add PsyPost to your preferred sources
TweetSendScanShareSendPinShareShareShareShareShare

Follow PsyPost

The latest research, however you prefer to read it.

Daily newsletter

One email a day. The newest research, nothing else.

Google News

Get PsyPost stories in your Google News feed.

Add PsyPost to Google News
RSS feed

Use your favorite reader.

Copy RSS URL
Social media
Support independent science journalism

Ad-free reading, full archives, and weekly deep dives for members.

Become a member

Trending

  • Adults with ADHD who struggle to manage emotions face a higher insomnia risk
  • New study explores the psychological chain behind involuntary sexual thoughts
  • Narcissistic individuals are more prone to problematic use of generative AI
  • Wealth and air pollution emerge as top predictors of state autism rates
  • Scientists develop a groundbreaking vaccine that outsmarts illicit fentanyl analogs

Science of Money

  • Do 10-second ads work? A study finds shorter can mean stickier
  • What the 2021–2024 unauthorized immigration boom did to U.S. jobs, rents, and welfare spending
  • The “halo effect”: The face in the photo shapes your opinion of the outfit
  • Why some countries embraced remote work and others didn’t
  • What makes a salesperson persuasive? A survey explores how communication skills shape buying decisions

Recent

  • Neuroscientists find a teamwork paradox: highly synchronized brains perform worse at complex tasks
  • How different types of exercise impact mood and brain chemistry
  • Exposure to high temperatures during pregnancy is linked to slower thalamic growth in children
  • Brain structure variations are linked to different types of traumatic memories
  • New research warns of a looming partisan battle over artificial intelligence
  • Irregular daily rhythms and childhood trauma predict teen depression and anxiety
  • Donald Trump and Hunter Biden convictions shed light on the mental gymnastics of political scandals
  • Autistic brains show differences in a fetal fold linked to social cognition
  • Believing in hell is linked to fewer casual sexual encounters, study finds
  • Study finds complex association between dietary fat intake and brain atrophy in older adults

PsyPost is a psychology and neuroscience news website dedicated to reporting the latest research on human behavior, cognition, and society. (READ MORE...)

  • Mental Health
  • Neuroimaging
  • Personality Psychology
  • Social Psychology
  • Artificial Intelligence
  • Cognitive Science
  • Psychopharmacology
  • Contact us
  • Disclaimer
  • Privacy policy
  • Terms and conditions
  • Do not sell my personal information

(c) PsyPost Media Inc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Subscribe
  • My Account
  • Cognitive Science Research
  • Mental Health Research
  • Social Psychology Research
  • Drug Research
  • Relationship Research
  • About PsyPost
  • Contact
  • Privacy Policy

(c) PsyPost Media Inc