Economics at your fingertips  

Neurometrics applied to banknote and security features design

Rubén Ortuño (), José M. Sánchez (), Diego Álvarez (), Miguel López () and Fernando León ()
Additional contact information
Rubén Ortuño: Banco de España
José M. Sánchez: Banco de España
Diego Álvarez: Banco de España
Miguel López: Banco de España
Fernando León: Banco de España

No 2008, Occasional Papers from Banco de España

Abstract: The aim of this paper is to present a methodology on the application of neuroanalysis to the design of banknotes and security features. Traditionally, evaluation of the perception of banknotes is based on explicit personal responses obtained through questionnaires and interviews. The implicit measures refer to methods and techniques capable of capturing people's implicit mental processes. Neuroscience has shown that, in most brain processes regulating emotions, attitudes, behaviours and decisions, human consciousness does not intervene. That is to say, these implicit processes are brain functions that occur automatically and without conscious control. The methodology on neuroanalysis can be applied to the design of banknotes and security features, and used as an effective analysis tool to assess people's cognitive processes, namely: visual interest, attention to certain areas of the banknote, emotions, motivation and the mental load to understand the design and level of stimulation. The proposed neuroanalysis methodology offers a criterion for making decisions about which banknote designs and security features have a more suitable configuration for the public. It is based on the monitoring of conscious processes, using traditional explicit measures, and unconscious processes, using neurometric techniques. The neuroanalysis methodology processes quantifiable neurometric variables obtained from the public when processing events, such as eye movement, sight fixation, facial expression, heart rate variation, skin conductance, etc. A neuroanalysis study is performed with a selected group of people representative of the population for which the design of a banknote or security features is made. In the neurometric study, suitably prepared physical samples are shown to the participants to collect their different neurometric responses, which are then processed to draw conclusions.

Keywords: neuroscience; eye tracking; biometrics; neurometrics; banknotes; neurodesign; security feature; perception; human behaviour (search for similar items in EconPapers)
JEL-codes: C13 D87 E42 (search for similar items in EconPapers)
Pages: 56 pages
Date: 2020-04
New Economics Papers: this item is included in nep-mac and nep-neu
References: View references in EconPapers View complete reference list from CitEc

Downloads: (external link) ... 20/Files/do2008e.pdf First version, April 2020 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Occasional Papers from Banco de España Contact information at EDIRC.
Bibliographic data for series maintained by Ángel Rodríguez. Electronic Dissemination of Information Unit. Research Department. Banco de España ().

Page updated 2024-07-13
Handle: RePEc:bde:opaper:2008