Investment decisions based on EEG emotion recognition

In the recent years, computational neuroscience which is a study on the brain functions was frequently applied to discover interesting patterns in the investment decisions. Emotions in neurofinance study have been measured by sentiments analysis but not measured by biosignal. Behavioural finance aff...

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Main Authors: Mat Razi, Nurul Izzati, Othman, Marini, Yaacob, Hamwira Sakti
Format: Article
Language:English
English
Published: Ingenta Connect 2017
Subjects:
Online Access:http://irep.iium.edu.my/61481/
http://irep.iium.edu.my/61481/13/ICCSE%20KK-Nurul%20Izzati.pdf
http://irep.iium.edu.my/61481/19/61481_Investment%20decisions%20based%20on%20EEG_scopus.pdf
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author Mat Razi, Nurul Izzati
Othman, Marini
Yaacob, Hamwira Sakti
author_facet Mat Razi, Nurul Izzati
Othman, Marini
Yaacob, Hamwira Sakti
author_sort Mat Razi, Nurul Izzati
building IIUM Repository
collection Online Access
description In the recent years, computational neuroscience which is a study on the brain functions was frequently applied to discover interesting patterns in the investment decisions. Emotions in neurofinance study have been measured by sentiments analysis but not measured by biosignal. Behavioural finance affects investors‘ performance which is also influenced by their emotional or cognitive errors in taking the investment decisions. This paper focused on the EEG-based emotion recognition recorded while making decisions that can also be helpful in investment’s returns. The features were extracted by using Mel Frequency Cepstal Coefficient (MFCC) and the classification used the Multi-Layer Perceptron (MLP) classifier. The EEG-based emotion recognition was tested by using the dimensional models of emotions, 12-PAC and rSASM, and also the Radboud Faces Database (RaFD). Results show that investment decisions can be driven by the emotions of the investor and some measurement should be taken before they lose their money.
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spelling iium-614812018-03-14T06:46:32Z http://irep.iium.edu.my/61481/ Investment decisions based on EEG emotion recognition Mat Razi, Nurul Izzati Othman, Marini Yaacob, Hamwira Sakti QA76 Computer software In the recent years, computational neuroscience which is a study on the brain functions was frequently applied to discover interesting patterns in the investment decisions. Emotions in neurofinance study have been measured by sentiments analysis but not measured by biosignal. Behavioural finance affects investors‘ performance which is also influenced by their emotional or cognitive errors in taking the investment decisions. This paper focused on the EEG-based emotion recognition recorded while making decisions that can also be helpful in investment’s returns. The features were extracted by using Mel Frequency Cepstal Coefficient (MFCC) and the classification used the Multi-Layer Perceptron (MLP) classifier. The EEG-based emotion recognition was tested by using the dimensional models of emotions, 12-PAC and rSASM, and also the Radboud Faces Database (RaFD). Results show that investment decisions can be driven by the emotions of the investor and some measurement should be taken before they lose their money. Ingenta Connect 2017-11-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/61481/13/ICCSE%20KK-Nurul%20Izzati.pdf application/pdf en http://irep.iium.edu.my/61481/19/61481_Investment%20decisions%20based%20on%20EEG_scopus.pdf Mat Razi, Nurul Izzati and Othman, Marini and Yaacob, Hamwira Sakti (2017) Investment decisions based on EEG emotion recognition. Advanced Science Letters, 23 (11). pp. 11345-11349. ISSN 1936-6612 http://www.ingentaconnect.com/contentone/asp/asl/2017/00000023/00000011/art00197 10.1166/asl.2017.10280
spellingShingle QA76 Computer software
Mat Razi, Nurul Izzati
Othman, Marini
Yaacob, Hamwira Sakti
Investment decisions based on EEG emotion recognition
title Investment decisions based on EEG emotion recognition
title_full Investment decisions based on EEG emotion recognition
title_fullStr Investment decisions based on EEG emotion recognition
title_full_unstemmed Investment decisions based on EEG emotion recognition
title_short Investment decisions based on EEG emotion recognition
title_sort investment decisions based on eeg emotion recognition
topic QA76 Computer software
url http://irep.iium.edu.my/61481/
http://irep.iium.edu.my/61481/
http://irep.iium.edu.my/61481/
http://irep.iium.edu.my/61481/13/ICCSE%20KK-Nurul%20Izzati.pdf
http://irep.iium.edu.my/61481/19/61481_Investment%20decisions%20based%20on%20EEG_scopus.pdf