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Machine learning-based classifying of risk-takers and risk-aversive individuals using resting-state EEG data: A pilot feasibility study

Brain Behav. 2023 Jun 27:e3139. doi: 10.1002/brb3.3139. Online ahead of print.

ABSTRACT

BACKGROUND: Decision-making is vital in interpersonal interactions and a country’s economic and political conditions. People, especially managers, have to make decisions in different risky situations. There has been a growing interest in identifying managers’ personality traits (i.e., risk-taking or risk-averse) in recent years. Although there are findings of signal decision-making and brain activity, the implementation of an intelligent brain-based technique to predict risk-averse and risk-taking managers is still in doubt.

METHODS: This study proposes an electroencephalogram (EEG)-based intelligent system to distinguish risk-taking managers from risk-averse ones by recording the EEG signals from 30 managers. In particular, wavelet transform, a time-frequency domain analysis method, was used on resting-state EEG data to extract statistical features. Then, a two-step statistical wrapper algorithm was used to select the appropriate features. The support vector machine classifier, a supervised learning method, was used to classify two groups of managers using chosen features.

RESULTS: Intersubject predictive performance could classify two groups of managers with 74.42% accuracy, 76.16% sensitivity, 72.32% specificity, and 75% F1-measure, indicating that machine learning (ML) models can distinguish between risk-taking and risk-averse managers using the features extracted from the alpha frequency band in 10 s analysis window size.

CONCLUSIONS: The findings of this study demonstrate the potential of using intelligent (ML-based) systems in distinguish between risk-taking and risk-averse managers using biological signals.

PMID:37366037 | DOI:10.1002/brb3.3139

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