What does VMF stand for?

The researchers used parallel behavioural and neural measures, and observed that a functionally coupled circuit involving the hippocampus and ventromedial prefrontal cortex underpinned the emergence of conceptual knowledge.

The 'angel' centre's proper name is the dorsolateral prefrontal cortex (DLPFC) while the 'devil' region is known as the ventromedial prefrontal cortex (VMPFC).

These are, of course, the striatum, but also the ventromedial prefrontal cortex (' VMPC'), the orbitofrontal cortex and anterior cingulate cortex, as well as the insula.

6-9) The Iowa Gambling Task has been shown to discriminate patients with lesions of the ventromedial prefrontal cortex (VMPFC) from normal subjects, (10) as well as activate this same region of the prefrontal cortex (PFC) during functional neuroimaging.

But researchers say the circumstantial evidence indicates that the ventromedial prefrontal cortex acts as a sort of volume knob for emotions.

The predicting region lies in the ventromedial prefrontal cortex (VMPFC), above the eyes.

Researchers discovered an 'angel' centre in the brain - the dorsolateral prefrontal cortex - which holds back another 'devil' region - the ventromedial prefrontal cortex, stopping us from giving in to temptation.

This result means that reward activation generally increases with income, but was significantly higher in situations where nominal incomes and prices were both 50 per cent higher, which supports the hypothesis that activity in the ventromedial prefrontal cortex is subject to money illusion," The Telegraph quoted Prof Falk, as saying Prof Falk added: "Economists have traditionally been sceptical about the notion of money illusion, but recent behavioural evidence has challenged this view.