Wolfram Schultz

Rewards - dopamine reward prediction error graph

Prof Wolfram Schultz FRS

Wellcome Principal Research Fellow and Professor of Neuroscience, Department of Physiology, Development & Neuroscience, University of Cambridge

Fellow, Churchill College, Cambridge

Visiting Associate in Neuroscience, California Institute of Technology, Pasadena

Wolfram.Schultz@protonmail.com, ws234@cam.ac.uk

Tel: +44(0)1223 333 779, Fax: +44 (0)1223 333 840


Neuroeconomics of reward and decision-making

Our group is interested in identifying brain signals for reward and economic decisions. As information processing systems work with explicit signals, we like to identify and characterise such signals before investigating detailed neuronal mechanisms. We use concepts from animal learning theory and economic decision theory and combine behavioural, neurophysiological and neuroimaging (fMRI) methods. We search for neuronal responses that implement fundamental theoretical constructs underlying reward-seeking, learning and decision-making, such as reward prediction error, utility, probability, risk, object-action-chosen value, and revealed preference. Studied brain structures include dopamine neurons, striatum, frontal cortex and amygdala. Please find more information from lectures in 2021 (Univ Cambridge), 2020 (ViDA conference), 2017 (Caltech), 2016 (Einstein Center Berlin) or 2014 (Puerto Rico virtual), a short general article or update on dopamine reward prediction error coding, a brief overview or longer review on reward and economic decisions. Please find also my short CV, full CV, publication list and my 2022 biography written for the Society for Neuroscience (SfN).

Laboratory members

Mark Burrell (PhD Univ Cambridge, BSc Univ Auckland)

Leo Chi U Seak (BSc Univ Hongkong)

Aled H. David (Lab manager) (BSc Univ Derby)

Simone Ferrari Toniolo (PhD Univ Rome)

Daniel F. Hill (PhD Univ Arizona)

Arkadiusz Stasiak (Computer Associate) (PhD Univ Lodz)

Previous lab members

Main collaborations

Ralph Adolphs, Charles R. Plott, Ueli RĂ¼tishauser (Caltech)

Peter Bossaerts (Univ Geneva)

Anthony Dickinson (Psychology Univ Cambridge)

Paul Fletcher (Psychiatry Univ Cambridge)

Fabian Grabenhorst (PDN Univ Cambridge, Exp Psychol Univ Oxford) with Fei-Yang Huang

Christopher Harris (Economics Univ Cambridge)

Masamichi Sakagami (Tamagawa Univ)

Current funding

Wellcome Trust

Main previous funding

European Research Council (ERC)

NIMH (Caltech Conte Center)

Human Frontiers

Cambridge University studentships