DOI: 10.14704/nq.2018.16.5.1249

Objective Decision-making Brain Mechanism of Public-Private-Partnerships Project Risk Management Based on Decision Neuroscience Theory

Jinglei Meng, Guoyi Xiu


As a new financing mode, risk management and decision-making is always the focus of Public-Private-Partnerships (PPP) project management. This study takes the brain mechanism of objective decision-making of PPP project risk management as the research target. From the perspective of decision-making neuroscience, the study uses literature research method, decision-making neuroscience experiment method, inductive summary and others to introduce the event-related potential (ERP) technique and to analyze the ERP components of the subjects from exposure to the risk situation to decision making during the experiment. It is found that the ERP components related to the risk decision-making stage are mainly P2, N2 and P3, but there is no significant difference between P2 and P3 in different uncertainty risk decision situatios, and the amplitude of N2 component increases with the increase of uncertainty of risk information, which proves that the component is closely related to objective decision-making of project risk management. This research result is of practical significance for effective and scientific risk management and decision-making of managers.


PPP Projects, Risk Management, Decision-making Neurology, Decision-making Brain Mechanism

Full Text:



Adam R, Bays, PM, & Husain M. Rapid decision-making under risk. Cognitive Neuroscience 2012; 3(1): 52-58.

Bai L, Li Y, Du Q, & Xu Y. A fuzzy comprehensive evaluation model for sustainability risk evaluation of ppp projects. Sustainability 2017; 9(10): 1890: 1-22

Chiu CY, Tlustos, SJ, Walz NC, Holland SK, Eliassen JC, & Bernard L. Neural correlates of risky decision making in adolescents with and without traumatic brain injury using the balloon analog risk task. Developmental Neuropsychology 2012; 37(2): 176-83.

Engelmann JB, Tamir D. Individual differences in risk preference predict neural responses during financial decision-making. Brain Research 2009; 1290: 28-51.

Gathmann B, Schulte FP, Maderwald, S, Pawlikowski M, Starcke K, Schäfer LC. Stress and decision making: neural correlates of the interaction between stress, executive functions, and decision making under risk. Experimental Brain Research 2014; 232(3): 957-73.

Kim BE, Seligman D, & Kable JW. Preference reversals in decision making under risk are accompanied by changes in attention to different attributes. Frontiers in Neuroscience 2012; 6: 109: 1-10.

Krain AL, Wilson AM, Arbuckle R, Castellanos FX, Milham MP. Distinct neural mechanisms of risk and ambiguity: a meta-analysis of decision-making. Neuroimage 2006; 32(1): 477-84.

Lin ZJ, Li L, Cazzell M, Liu H. Atlas-guided volumetric diffuse optical tomography enhanced by generalized linear model analysis to image risk decision-making responses in young adults. Human Brain Mapping 2014; 35(8): 4249-66.

Minati L, Grisoli M, Franceschetti S, Epifani F, Granvillano A, Medford N. Neural signatures of economic parameters during decision-making: a functional MRI (FMRI), electroencephalography (EEG) and autonomic monitoring study. Brain Topography 2012; 25(1): 73-96.

Paulus MP, Rogalsky C, Simmons A, Feinstein JS, Stein MB. Increased activation in the right insula during risk-taking decision making is related to harm avoidance and neuroticism. Neuroimage 2003; 19(4): 1439-48.

Seungho L. Development of public private partnership (PPP) projects in the Chinese water sector. Water Resources Management 2010; 24(9): 1925-1945.

Studer B, Scheibehenne B, Clark L. Psychophysiological arousal and inter- and intraindividual differences in risk-sensitive decision making. Psychophysiology 2016; 53(6): 940-950.

Wang Y, Liu Y, Yang L, Gu F, Li X, Zha R. Novelty seeking is related to individual risk preference and brain activation associated with risk prediction during decision making. Scientific Reports 2015; 5: 10534: 1-12.

Weber BJ, Huettel SA. Neural substrates of probabilistic and intertemporal decision-making. Brain Research 2008; 1234: 104-115.

Wu CC, Sacchet MD, Brian K. Toward an affective neuroscience account of financial risk taking. Frontiers in Neuroscience 2012; 6: 159: 1-10.

Xu Y, Yeung JFY, Chan, APC, Chan DWM, Wang SQ, Ke Y. Developing a risk assessment model for ppp projects in china—a fuzzy synthetic evaluation approach. Automation in Construction 2010; 19(7): 929-43.

Supporting Agencies

| NeuroScience + QuantumPhysics> NeuroQuantology :: Copyright 2001-2019