This page lists publications since 2012 by current members of the Brain, Mind & Markets Lab. Earlier publications by lab members are available on PubMed and Google Scholar.

Bennett D, Sasmita K, Murawski C, Bode S. Electrophysiological indices reflect switches between Bayesian and heuristic strategies in perceptual learning. bioRxiv, (posted on 1/9/17).

Brydevall M, Bennett D, Murawski C, Bode S. The neural encoding of information prediction errors during non-instrumental information seeking. bioRxiv, (posted on 22/8/2017).

Tang S, Huang S, Bowman E, Yadav N, Murawski C, Bossaerts P. The Efficient Markets Hypothesis does not hold when securities valuation is computationally hard. SSRN, (posted on 28/2/2017).


Bossaerts P, Murawski C. Computational complexity and human decision-making. Trends in Cognitive Sciences, forthcoming.

Yadav N, Thangarajah J, Sardina S. Agent Design Consistency Checking via Planning. International Joint Conference on Artificial Intelligence, forthcoming.

Winikoff M, Yadav N, Padgham L. A new Hierarchical Agent Protocol Notation. Journal of Autonomous Agents and Multi-Agent Systems, forthcoming.

Bowman EA, Velakoulis D, Desmond P, Walterfang M. Longitudinal changes in white matter fractional anisotropy in adult-onset Niemann-Pick disease type C patients treated with miglustat. Journal of Inherited Metabolic Disease Reports, forthcoming.

Bennett DB, Yücel M, Murawski C. Errors of inference in the Information Sampling Task. Biological Psychiatry, forthcoming.

Lamblin M, Murawski C, Whittle S, Fornito A. Social connectedness, mental health and the adolescent brain. Neuroscience & Biobehavioral Reviews, in press. [uncorrected proof]

Voigt K, Murawski C, Bode S. Endogenous formation of preferences: Choices systematically change willingness-to-pay for goods. Journal of Experimental Psychology:  Learning, Memory, and Cognition, in press. [corrected proof]

Fung B, Murawski C, Bode S. Caloric primary rewards systematically alter time perception. Journal of Experimental Psychology: Human Perception and Performance, forthcoming.

Burnett J, Davis K, Murawski C, Wilkins R, Wilkinson N. Measuring adequacy of retirement savings. Review of Income and Wealth, forthcoming.

Fung B, Bode S, Murawski C. High monetary reward rates and caloric rewards decrease temporal persistence. Proceedings of the Royal Society B – Biological Sciences, in press. [article]

Fung B, Crone D, Bode S, Murawski C. Cardiac signals are independently associated with temporal discounting and time perception. Frontiers in Behavioral Neuroscience, 11:369–11, 2017. [article]


Yücel M, Carter A, Allen A, Balliene B, Clark L, Dowling N, Gainsbury S, Goudriaan A, Grant J, Hayes A, Hodgins D, van Holst R, Lattimore R, Livingstone C, Lorenzetti V, Lubman D, Murawski C, Parkes L, Petry N, Room R, Singh B, Thomas A, Townshend P, Youssef G, Hall W. The role for neuroscience in gambling policy and treatment: An interdisciplinary perspective. The Lancet Psychiatry, in press. [article]

Asparouhova E, Bossaerts P. Experiments on Percolation of Information in Dark Markets. The Economic Journal, in press.

Asparouhova E, Bossaerts P, Roy N, Zame W. Lucas In The Laboratory. Journal of Finance, in press. [article]

Murawski C, Bossaerts P. How humans solve complex problems: The case of the knapsack problem. Scientific Reports, 6:34851. [article]

Bennett DB, Oldham S, Parkes L, Dawson A, Murawski C, Yücel M. Systematic overestimation of reflection impulsivity in the Information Sampling Task. Biological Psychiatry, in press. [article]

Bennett DB, Bode S, Brydevall M, Warren H, Murawski C. Intrinsic valuation of information in decision making under uncertainty. PLoS Computational Biology, 12(7):e1005020, 2016.

Bossaerts P, Murawski C. Decision Neuroscience: Why We Become More Cautious With Age. Current Biology, 26:R495-497, 2016.

Suzuki S, Jensen E, Bossaerts P, O’Doherty J. Behavioral contagion during learning about others’ risk preferences is associated with modulation of the neural perception of risk but not expected value. Proceedings of The National Academy of Sciences, 113:3755-60, 2016.

d’Acremont M, Bossaerts P. Human reaction to leptokurtic noise and its neurobiological foundations. Cerebral Cortex, 26:1818-30, 2016. [PDF]

Yadav N, Thangarajah J. Checking the conformance of requirements in agent designs using ATL. ECAI 2016 – 22nd European Conference on Artificial Intelligence, The Hague, The Netherlands – Including Prestigious Applications of Artificial Intelligence (PAIS 2016), 243–251, 2016.

Felli P, Yadav N, Sardina S. Supervisory control for behavior composition. IEEE Transactions on Automatic Control (IEEE-TAC), 2016.


Abel LA, Walterfang M, Stainer MJ, Bowman EA, Velakoulis D. Longitudinal assessment of reflexive and volitional saccades in Niemann-Pick Type C disease during treatment with miglustat. Orphanet Journal of Rare Diseases, 10:160, 2015. [PDF]

Asparouhova E, Bossaerts P, Eguia J, Zame W. Asset Pricing and Asymmetric Reasoning. Journal of Political Economy, 123:66-122, 2015. [PDF]

Asparouhova E, Bossaerts P, Copic J, Cornell B, Cvitanic J, Meloso D. Competition in Portfolio Management: Theory and Experiment. Management Science, 61:1868-1888, 2015. [PDF]

Bennett D, Murawski C, Bode S. Single-trial event-related potential correlates of belief updating. eNeuro, DOI:10.1523/ENEURO.0076-15.201, 2015. [PDF]

Bossaerts P, Murawski C. From Behavioral Economics To Neuroeconomics To Decision Neuroscience: The Ascent of Biology in Research on Human Decision Making. Current Opinion in Behavioral Sciences 5:37-42, 2015. [PDF]

Bowman EA, Velakoulis D, Abel LA, Desmond P, Fahey M, Walterfang M. Longitudinal changes in cerebellar volume in adult-onset Niemann-Pick disease type C patients treated with miglustat. Journal of Neurology, 262(9):2106-14, 2015. [PDF]

Kofman P, Murawski C. Does Australia Need a New Banking Model? Australian Economic Review, , 48(2):200–202, 2015. [PDF]

Markovic D, Gläscher J, O’Doherty J, Bossaerts P, Kiebel SJ. Modeling the evolution of beliefs using an attentional focus mechanism. PLoS Computational Biology 11(10):e1004558, 2015. [PDF]

Payzan-LeNestour E, Bossaerts P. Learning About Unstable, Publicly Unobservable Payoffs. Review of Financial Studies, 28:1874-1913, 2015. [PDF]

Simmank J, Bode S, Murawski C, Horstmann A. Incidental rewarding cues influence economic decision-making in obesity. Frontiers in Behavioral Neuroscience, 9:278, 2015. [PDF]

Stauffer W, Lak A, Bossaerts P, Schultz W. Value-based choices reveal probability distortion in macaque monkeys. Journal of Neuroscience, 35:3146-3154, 2015. [PDF]

Suzuki S, Adachi R, Dunne S, Bossaerts P, O’Doherty P. Neural mechanisms underlying human consensus decision-making. Neuron, 86:591-602, 2015. [PDF]

Evertsz R, Thangarajah J, Yadav N, Ly T. A framework for modelling tactical decision-making in autonomous systems. Journal of Systems and Software, 110:222–238, 2015.

Evertsz R, Thangarajah J, Yadav N, Ly T. Agent oriented modelling of tactical decision making. Proceedings of the 2015 International Conference on Autonomous Agents and Multiagent Systems, 1051–1060, 2015.


Bode S, Murawski C, Chun SS, Bode P, Stahl J, Smith PL. Demystifying “free will”: The role of contextual information and evidence accumulation for predictive brain activity. Neuroscience & Biobehavioral Reviews, 47C:636-645, 2014. [PDF]

Bode S, Bennett D, Stahl J, Murawski C. Distributed patterns of event-related potentials predict subsequent ratings of abstract stimulus attributes. PLoS ONE, 9(10):e109070, 2014. [PDF]

Bossaerts P, Frydman C, Ledyard J. The speed of information revelation and eventual price quality in markets with insiders: Comparing two theories. Review of Finance, 18 (1), pp. 1-22, 2014. [PDF]

Frydman C, Barberis N, Camerer C, Bossaerts P, Rangel A. Using neural data to test a theory of investor behavior: An application to realization utility. Journal of Finance, 69 (2), pp. 907-946, 2014. [PDF]

Martin C, Bhui R, Bossaerts P, Matsuzawa T, Camerer C. Chimpanzee choice rates in competitive games match equilibrium game theory predictions Scientific Reports. 4:5182, 2014. [PDF]

Nursimulu AD, Bossaerts P. Risk and reward preferences under time pressure. Review of Finance, 18 (3), pp. 999-1022, 2014. [PDF]

Nursimulu A, Bossaerts P. Excessive Volatility is Also a Feature of Individual Level Forecasts. Journal of Behavioral Finance, 15 (1), pp. 16-29, 2014. [PDF]


d’Acremont M, Schultz W, Bossaerts P. The human brain Encodes event frequencies while forming subjective beliefs. Journal of Neuroscience, 33:10887-10897, 2013. [PDF]

d’Acremont, M., Fornari, E., Bossaerts, P. Activity in Inferior Parietal and Medial Prefrontal Cortex Signals the Accumulation of Evidence in a Probability Learning Task. PLoS Computational Biology, 9:e1002895, 2013. [PDF]

Burnett J, Davis K, Murawski C, Wilkins R, Wilkinson N. Measuring retirement savings adequacy in Australia. JASSA, 4:28-35, 2013. [PDF]

DeMartino B, O’Doherty J, Ray D, Bossaerts P, Camerer C. In the mind of the market: Theory of mind biases value computation during financial bubbles. Neuron, 79:1222-1231, 2013. [PDF]

Gibson-Brandon R, Murawski C. Margining in Derivatives Contracts and the Stability of the Banking Sector. Journal of Banking and Finance, 37(4):1119-1132, 2013. [PDF]

Payzan-LeNestour E, Dunne S, Bossaerts P, O’Doherty J. The Neural Representation of Unexpected Uncertainty during Value-Based Decision Making. Neuron, 79 (1):191-201. 2013. [PDF]

Prévost C, McNamee D, Jessup RK, Bossaerts P, O’Doherty JP. Evidence for Model-based Computations in the Human Amygdala during Pavlovian Conditioning. PLoS Computational Biology, 9 (2):e1002918, 2013. [PDF]

Symmonds, M., Moran, R.J., Wright, N.D., Bossaerts, P., Barnes, G., Dolan, R.J.The chronometry of risk processing in the human cortex. Frontiers in Neuroscience:146, 2013. [PDF]

Walterfang M. Abel L. Desmond P. Fahey M. Bowman EA. Velakoulis D. Cerebellar volume correlates with saccadic gain and ataxia in adult Niemann-Pick type C. Molecular Genetics and Metabolism. 108(1), 85-9, 2013. [PDF]

Walterfang M. Patenaude B. Abel L. Kluenemann H. Bowman EA. Fahey M. Desmond P. Kelso W. Velakoulis D. Subcortical volumetric reductions in adult Niemann-Pick Disease Type C: A cross-sectional study. American Journal of Neuroradiology. 34(7):1334-40, 2013. [PDF]

Yadav N, Sardina S. Using strategic logics to reason about agent programs. Proceedings of the International Joint Conference on Artificial Intelligence (IJCAI). 2013.

Ramirez M, Yadav N, Sardina S. Behavior composition as fully observable non-deterministic planning. Proceedings of the International Conference on Automated Planning and Scheduling (ICAPS). 2013.

Yadav N, Felli P, De Giacomo G, Sardina S. On the supremal realizability of behaviors with uncontrollable exogenous events. Proceedings of the International Joint Conference on Artificial Intelligence (IJCAI). 2013.


Abel L. Bowman EA. Velakoulis D. Fahey M. Desmond P. Macfarlane M. Looi J. Adamson C. Walterfang M. Saccadic eye movement characteristics in adult Niemann-Pick Type C disease: relationships with disease severity and brain structural measures. PLoS ONE. 7(11):e50947, 2012. [PDF]

d’Acremont M, Bossaerts P. Decision making: How the brain weighs the evidence. Current Biology, 22 (18), 2012. [PDF]

Armstrong J, Murawski C. Merchants of Light – Research for the Future. Griffith Review, 36, 2012.

Murawski C, Harris PG, Bode S, Dominguez D JF, Egan GF. Led into temptation? Rewarding brand logos bias the neural encoding of incidental economic decisions. PLoS ONE, 7(3):e34155, 2012. [PDF]

Payzan-LeNestour E, Bossaerts P. Do not bet on the unknown versus try to find out more: Estimation uncertainty and “unexpected uncertainty” both modulate exploration. Frontiers in Neuroscience, (OCT), art. no. Article 150, 2012. [PDF]

Walterfang M. MacFarlane M. Looi J. Abel LA. Bowman EA, Fahey M. Desmond P. Velakoulis D. Pontine-to-midbrain ratio indexes ocular-motor function and illness stage in Adult Niemann-Pick Disease Type C. European Journal of Neurology. 19(3):462-7, 2012. [PDF]

Yadav N, Sardina S. Qualitative approximate behavior composition. Proceedings of the European Conference on Logics in Artificial Intelligence (JELIA), volume 7519 of Lecture Notes in Computer Science. 450–462, 2012.

Yadav N, Sardina S. Reasoning about agent programs using atl-like logics. Proceedings of the European Conference on Logics in Artificial Intelligence (JELIA), volume 7519 of Lecture Notes in Computer Science. 437–449, 2012.